A whale who lost $22.00 million in a contract trade added more than $5.34 million worth of HYPE short orders half an hour ago.

On July 12, according to on-chain information, a whale added 49,939.28 $HYPE 5x short positions half an hour ago, with a current holding value of $79.50 million. In addition, the whale also holds $236.00 million worth of 10x Bitcoin short positions and $137.00 million worth of 10x Ethereum short positions.

It is worth noting that the address has accumulated losses of $22.52 million on Hyperliquid. [BlockBeats]