https://www.marinemammalcenter.org/animal-care/learn-about-marine-mammals/cetaceans/humpback-whale
A tier-2 whale has expanded their short on Hyperliquid’s native token, $HYPE, by adding 500 short contracts, bringing their total to 1,500 contracts. This move comes amid a downward trend in $HYPE’s price, which has decreased by approximately 2.7–3.0% in the last 24 hours, positioning the token around $63.37–$63.68. The whale’s short has reportedly increased by 42% over the past 30 days, suggesting significant price declines despite recent rallies to all-time highs of $70–$75 in June 2026.
The action by the whale appears to reflect a more cautious sentiment regarding the future price trajectory of $HYPE, even as the token has achieved a notable performance increase of approximately 900% since its launch in November 2024. Market participants are observing these developments closely, as the accumulation of short positions might suggest a potential short squeeze scenario if upward momentum were to return.
In related prediction markets, the news of the whale’s increased short may be influencing sentiment towards Predict.fun’s fully diluted valuation (FDV) one day after launch, with markets suggesting a moderate decrease in the likelihood of the FDV exceeding $50 million.
