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A whale spends $4.26 million to buy 100,000 HYPE and pledge it

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2025-06-12 03:00:15
According to Onchain Lens, a whale deposited 8 million USDCs into HyperLiquid and spent $4.26 million to buy 100,000 HYPEs at $42.58 each, which were then pledged. In addition, the whale also shorted HYPE at 10x leverage, SPX at 5x leverage, and FARTCOIN at 3x leverage.
The whale also holds short positions in SOL, TRUMP, SUI, BONK and holds spot VAPOR. Overall, the whale has earned over $28 million.
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