A certain whale sold over 340,000 HYPE to short the market, holding over $70 million in short positions

ChainCatcher news, according to on-chain data, early Hyperliquid whale Inga_no has sold a large amount of HYPE tokens in the past two days to replenish his short margin and short the market. He currently holds a total notional value of 70 million USD in short positions, distributed across ETH (56 million USD), XRP (5 million USD), SOL (5 million USD), and BTC (5 million USD).

In the past 24 hours, he has sold a total of 342,000 HYPE tokens (worth approximately 144 million USD).