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Large investors added 1.8 million USDC to shorting HYPE on Hyperliquid.
According to Gate.io News bot, data monitored by Spot On Chain shows that a large investor deposited 1.8 million USDC into the Hyperliquid platform to increase its HYPE short positions. The data indicates that the investor has invested 10.36 million USD in the past week, establishing a 5x leveraged shorting position on HYPE, which is currently at a floating loss of 1.24 million USD.
Source: Wu Says