Whale Makes Bold $HYPE Short Bet as HyperLiquid Fund Quietly Accumulates Millions

Spread the love

A major action has grabbed the attention of analysts and traders on the blockchain, as a gigantic crypto whale took a bold stand against $HYPE, the native token of the swiftly blossoming HyperLiquid ecosystem. Appearing to make a not-so-invisible move, the whale took 812,665 USDC—about $813,000—from Binance three hours ago and quickly bridged the stablecoin to the HyperLiquid network. We know all of this not from inside information, but rather from the fact that all of these blockchain actions are public. Not long after, the whale placed an aggressive short order on $HYPE, targeting a notional value of approximately $3.05

The post Whale Makes Bold $HYPE Short Bet as HyperLiquid Fund Quietly Accumulates Millions appeared first on The Merkle News.

Go to Source