Whale "0x97f" Closes HYPE Long Position at $3.22M Loss, Opens $111.38M SP500 Short Position

HYPE-1.12%
Gate News message, a whale identified as "0x97f" closed its HYPE long position with a $3.22 million loss, subsequently selling 165,391 HYPE tokens for a $1.978 million profit on the spot market. Following these trades, the whale opened a 15,000 SP500 short position with 50x leverage, valued at $111.38 million, with a liquidation price set at $8,295.66.
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