The biggest short seller HYPE Oracle has transferred 892,500 HYPE to Hyperliquid and applied for the redemption of 700,000 HYPE.
BlockBeats News, May 29th - According to on-chain analyst Yu Jin, the largest HYPE short seller, loracle.hl, continues to sell HYPE: after selling 557,000 HYPE ($33.5 million) last Thursday, he has applied for another redemption of 892,500 HYPE.
2 hours ago, the successfully redeemed 892,500 HYPE ($55.6 million) was transferred to Hyperliquid for further sales. Similarly, after these 892,500 HYPE were transferred to Hyperliquid, there was another redemption request for the remaining 700,000 HYPE in the address.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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