Data: A certain whale spent $4.26 million to purchase 100,000 HYPE and used it for staking

According to ChainCatcher news, monitored by Onchain Lens, a whale deposited 8 million USDC into HyperLiquid and spent 4.26 million dollars to purchase 100,000 HYPE at a price of 42.58 dollars each, which was then used for staking.

In addition, this whale shorted HYPE with 10x leverage, shorted SPX with 5x leverage, and shorted FARTCOIN with 3x leverage. The whale also holds short positions on SOL, TRUMP, SUI, and BONK, and has a spot position in VAPOR. Overall, this whale has earned over 28 million dollars.