bitcoin whale short position - Whale Opens $9M Short Position on HYPE Tokens with 10x Leverage

By | 2026-06-14 19:53:26 | 26 min read

A whale address has opened a significant short position on HYPE tokens, valued at approximately $9 million, using 10x leverage. The move was reported by ChainThink on March 21, based on data from OnchainLens monitoring. The whale deposited $3 million in USDC into HyperLiquid to facilitate this position. Previously, the same address held a HYPE short position for 48 days, which was closed with a loss of $197,000.

HYPE-2.52%USDC-0.00%

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