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Whale Sells Over 340,000 HYPE Tokens to Short the Market, Holding Over $70 Million in Short Positions

Summary: According to on-chain data, early Hyperliquid whale Inga_no has been selling a large amount of HYPE tokens in the past two days to supplement his short position margin and short the market. He currently holds a total nominal value of $70 million in short positions, distributed across ETH ($56 million), XRP ($5 million), SOL ($5 ...

According to on-chain data, early Hyperliquid whale Inga_no has been selling a large amount of HYPE tokens in the past two days to supplement his short position margin and short the market. He currently holds a total nominal value of $70 million in short positions, distributed across ETH ($56 million), XRP ($5 million), SOL ($5 million), and BTC ($5 million). In the past 24 hours, he has sold a total of 342,000 HYPE tokens (worth approximately $144 million).

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Link: Whale Sells Over 340,000 HYPE Tokens to Short the Market, Holding Over $70 Million in Short Positions   [Copy]
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