HYPE Hedging Giant Turns Bullish on One Side, Synchronously Buying $14.2 Million in Spot Contracts
2026-08-27 17:24:23
According to CoinMeta, the HYPE hedge whale has shifted to a bullish stance, simultaneously purchasing spot contracts for approximately $14.2 million. In just about 7 minutes, this whale bought 39,700 HYPE coins, with a transaction volume of around $3.251 million and an average transaction price of $81.98. Subsequently, they opened additional long positions on 136,000 HYPE perpetual contracts, with a transaction volume of about $11.026 million and an average opening price of $81.05. As of press time, this whale holds 86,000 HYPE coins in spot, valued at around $7.008 million, as well as 136,000 HYPE perpetual contracts, with a position value of about $11.087 million, resulting in a floating profit of about $61,000 and a clearing price of $38.64. The combined value of their HYPE spot and perpetual positions is about $18.095 million, and the newly added long positions in spot and perpetuals yesterday have a temporary floating profit of about $42,000. Since August 18th, this whale has been taking multiple long positions in HYPE in various segments, with related closed trades accumulating a profit of about $320,000.
Bullish 0
Bearish 0
Source:Internet
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