Address Shorts 300,000 HYPE in 10x Leverage Position Worth $13.2 Million

HYPE0.01%
USDC0.04%

According to BlockBeats and analyst Ai 姨, on May 15, address 0x519…96a47 opened a 10x short position on 300,000 HYPE tokens valued at $13.2 million, with an average entry price of $43.398. The position is currently underwater by $187,000.

The address deposited $8.825 million in USDC as collateral to Hyperliquid approximately 1.5 hours prior to opening the short. The trader has accumulated $5.965 million in lifetime profits.

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