Large Investors are conducting Hedging Transactions for HYPE coin on the HyperLiquid platform.

According to Gate.io News bot, on-chain data shows that a Large Investor deposited 11.23 million USDC into the HyperLiquid platform in the past 14 days and engaged in a series of HYPE coin transactions.

Specific transactions include: opening a HYPE short position with 3x leverage, currently floating profit of 2.4 million USD; simultaneously buying 387,417 HYPE tokens at a price of 13.12 USD, with a total expenditure of 5.08 million USD, currently the position has a floating loss of 270,000 USD.

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