Whale with $40.2M in Funds Places $20M HYPE Limit Buy Orders Today at $30 Average

HYPE-8.57%
According to Hyperinsight, a whale with $40.2M in funds placed 60 HYPE limit buy orders early today, targeting 667,000 HYPE at prices between $20 and $40, with a weighted average price of $30. The total nominal value of the orders is approximately $20M. The whale currently holds a $250K short position of 4,218 HYPE at $59.2, down 11.2% from the previous day.
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