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Address Shorts 300,000 HYPE in 10x Leverage Position Worth $13.2 Million

GateNews
Derivatives Data
HYPE-1.38%
USDC-0.02%

According to BlockBeats and analyst Ai 姨, on May 15, address 0x519...96a47 opened a 10x short position on 300,000 HYPE tokens valued at $13.2 million, with an average entry price of $43.398. The position is currently underwater by $187,000.

The address deposited $8.825 million in USDC as collateral to Hyperliquid approximately 1.5 hours prior to opening the short. The trader has accumulated $5.965 million in lifetime profits.

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Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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