A whale sold 50,000 HYPE tokens and opened a 10x short position on 223,400 HYPE tokens.

CoinFeed reported on May 20 that, according to Lookonchain monitoring, whale 0xde42 sold 50,000 HYPE tokens (US$2.41 million) in the past 10 hours, while opening a 10x short position of 223,404 HYPE tokens (US$10.55 million).