Drift theft may have forced funds to flow through Jupiter, prompting a major on-chain whale to stop-loss its $1.22 million short position in JUP.

PANews reported on April 3 that, according to HyperInsight monitoring, due to the continued spread of news about the Drift theft, coupled with Jupiter's official statement that "the platform was not affected by this incident," some funds may have escaped through Jupiter. This led to a short-term surge in trading volume, pushing JUP up by 3.1%, with its high point once exceeding $0.16.

During this period, a whale on Hyperliquid with the 0x8b0 prefix completely stopped out its short position in JUP within half an hour, recording a loss of approximately $33,700 at an average closing price of $0.1625. Previously, the position had reached $1.22 million, making it the largest short whale on the platform.

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Author: PA一线

This content is for market information only and is not investment advice.

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