A whale spent 10.5M USDC to buy 287,153 HYPE at an average price of 36.56 ~8 hours ago. Simultaneously, the whale opened a HYPE short position with 10x leverage—now roughly matching the size of the spot holding—likely hedging against potential short-term downside. Smart risk management or playing it too safe? 🤔 Follow @spotonchain for more updates now! https://hypurrscan.io/address/0x4f7634C03Ec4e87e14725c84913aDe523C6fAD5A