A whale has bought the remaining funds into HYPE spot, with the current position size at around $15.5 million.
BlockBeats News, November 24th, according to HyperInsight monitoring, recently, a whale (0x152) once again used remaining funds to buy HYPE spot to defend, currently holding approximately $15.53 million HYPE. The address had previously bought the dip in BTC on the 17th with a holding of approximately $31 million, then suffered a $7.48 million loss after three liquidations of BTC long positions on the 21st, leaving only $800,000 in the contract account.
Prior to this, the whale had opened a leveraged long position in XPL on September 24th before XPL's sharp rise, with an average price of $0.69 for a position size of $20 million, becoming the largest XPL bull. On September 26th, the whale gradually closed the long positions for profit-taking at $1.3, realizing a profit of approximately $16 million, and then used most of the funds to buy HYPE spot.
You may also like

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

DeepSeek Financing Story

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

