A certain whale spent 10.5 million USDC to buy 287153 HYPE and opened a 10x short position hedge

According to BlockBeats, on June 24th, according to Spot On Chain monitoring, a certain whale spent 10.5 million USDC to purchase 287153 HYPE approximately 8 hours ago, with an average purchase price of 36.56 USD. At the same time, the giant whale has opened a HYPE short position with 10 times leverage, and the current position size is roughly equivalent to the spot position, which may be hedging against potential short-term downside risks.