A whale withdraws USDC from CEX and shorts 150,000 HYPE, valued at approximately $3.05 million
On April 25, according to SpotOnChain monitoring, a whale investor withdrew 812,665 USDC from a CEX about 3 hours ago and transferred it to the HyperLiquid platform.
The investor is currently shorting 150,000 HYPE, valued at approximately $3.05 million, and has placed multiple orders between $19.45 and $21.20.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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A newly created address invested $8.84 million and continues to buy HYPE
