Whale Plans to Short 8.29M TON on Hyperliquid, $17.79M Position Size on June 3

TON0.23%

According to Hyperinsight, a whale address opened large short positions in TON on Hyperliquid today (June 3), planning to sell 8.29 million TON at $2.071-$2.22 per unit with a total position size of $17.79 million. Once fully filled, the address would become the platform's largest TON short holder.

TON is currently trading at $1.995 on Hyperliquid. The token surged 17.5% on June 1, reaching $2.28, and has since retreated approximately 12% from that peak.

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