A major whale sold HYPE and opened long ETH and short HYPE positions, with a total value of $11.75 million.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale who sold HYPE after an 8-month dormancy has opened a 2x long position of 2,839 ETH and a 2x short position of 94,101 HYPE, with a combined value of approximately $11.75 million.