Whale who lost $197K on HYPE short opens new $9M position

According to on-chain analyst Onchain Lens, a whale has deposited 3 million USDC into Hyperliquid to open a new HYPE short position of 226,310 tokens, worth approximately $9 million, with 10x leverage. This move comes after the same whale previously closed a HYPE short position at a loss of $197,000 after holding it for about 48 days.