A whale deposited 9 million USDC into Hyperliquid intending to short HYPE
According to Foresight News, as monitored by Lookonchain, a whale created a new wallet today and deposited 9 million USDC into the Hyperliquid platform to short the HYPE token. The whale has placed a limit order worth $638,000, planning to short HYPE in the price range of $18.7 to $19.