HYPE whale sells $27.45 million in spot tokens, trims short position

  • A HYPE whale sold spot tokens and continued reducing its short position.
  • 369,130 HYPE shorts were valued at about $30.23 million.
  • The whale’s 30-day loss reached $5.82 million, with cumulative losses of $6.79 million.

A whale sold $27.45 million worth of HYPE spot tokens today while continuing to reduce its HYPE short position. The trader still holds 369,130 HYPE in shorts valued at about $30.23 million and 343,640 HYPE in spot holdings valued at about $28.11 million. Onchain Lens said the whale lost $5.82 million over the past 30 days, bringing its cumulative losses to $6.79 million.

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