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Short HYPE Whale transferred 7.005 million USDC to Hyperliquid
Wu learned that, according to HypurrScan data, the Whale: 0x0d…E34a has transferred 7.05 million USDC to Hyperliquid by going long on PURR and shorting HYPE. Currently, the Whale: 0x0d…E34a holds PURR spot worth $4.97 million, HYPE short order worth $5.4 million (liquidation price at $59.959), and PURR long position worth $2.5 million (never gets liquidated); in addition, it has also made HYPE shorts positions worth $1.159 million in the $24.086-$24.22 range.