$HYPE HYPE WHALE BUYS $37.1M SPOT IN A FRENZY – BUT QUIETLY HEDGING WITH SHORTS? 🐋Key data: Spot buying: $37.1 million Same wallet also opened a Short position: around $34.6 million Total Spot/Long accumulation signal from tracked wallets over 7 days: $49.5 million. HYPE reference price: around $76.65, down 0.88% in 24 hours and 11.85% in 7 days. Open Interest: $3.13 billion, down 3.11%. Funding: +0.0063%/8 hours. Long liquidations in 24 hours: around $9.03 million. Notably, the whale bought tens of millions of dollars worth of Spot while simultaneously opening a nearly equivalent Short Futures position. #hype

$HYPE HYPE WHALE BUYS $37.1M SPOT IN A FRENZY – BUT QUIETLY HEDGING WITH SHORTS? 🐋Key data:
Spot buying: $37.1 million
Same wallet also opened a Short position: around $34.6 million
Total Spot/Long accumulation signal from tracked wallets over 7 days: $49.5 million.
HYPE reference price: around $76.65, down 0.88% in 24 hours and 11.85% in 7 days.
Open Interest: $3.13 billion, down 3.11%.
Funding: +0.0063%/8 hours.
Long liquidations in 24 hours: around $9.03 million.
Notably, the whale bought tens of millions of dollars worth of Spot while simultaneously opening a nearly equivalent Short Futures position. #hype