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A whale bought $2.3 million worth of the asset PUMP and established a short position to hedge
BlockBeats News, July 15th, according to OnchainLens monitoring, a whale deposited 5 million USDC into HyperLiquid, spent 2.3 million USDC to purchase 423 million PUMP, and opened a 5x leveraged short position on PUMP worth 2.43 million USDC for hedging. The opening price was $0.00543, and the liquidation price was $0.010423.
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