A certain Whale bought HYPE Spot with the remaining funds, currently holding a position of approximately $15.5 million.

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HYPE-5,29%
BTC-0,11%
XPL1,07%

According to ChainCatcher news, monitored by HyperInsight, recently, a certain Whale (0x152) has used its remaining funds to buy HYPE Spot for defense, currently holding about 15.53 million USD in HYPE. This address previously made a large buy on BTC on the 17th, with a position size of about 31 million USD, and subsequently recorded a loss of 7.48 million USD after the BTC long positions were liquidated 3 times on the 21st, leaving only 800,000 USD in the contract account. Earlier, this Whale opened a long position on XPL with a 1x leverage at an average price of 0.69 USD before a significant rise on September 24, with the position once reaching 20 million USD, making it the largest long position on XPL. Later, on September 26, it gradually took profit by closing the long positions at around 1.3 USD, recording a profit of about 16 million USD, and subsequently used most of the funds to buy HYPE Spot.

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