According to @lookonchain, an early HYPE whale who previously realized over $50M in profits has opened a 3x leveraged short on 303,901 HYPE worth about $16M, source: Lookonchain on X, Sep 15, 2025. According to @lookonchain, the position was identified via on-chain tracking and reflects a bearish stance from a major HYPE holder, source: Lookonchain on X, Sep 15, 2025.