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A certain whale has a sell order plan to short 8.29 million TON, with a projected opening position of $17.79 million

2026.06.03 18:25:41

June 3 — According to monitoring from the Hyperinsight Telegram channel, an address on the Hyperliquid exchange has placed a large sell order for Toncoin (TON), with plans to short the token when it rallies within the $2.071–$2.22 range. The initial planned position size for the order is $17.79 million. If the entire order is fully filled, this wallet will become the largest TON short position holder on the Hyperliquid platform. TON is currently trading at $1.995 on Hyperliquid’s contract market. On June 1st, the token briefly spiked 17.5% to a high of $2.28, and has since retraced approximately 12% from that peak in recent days. Wallet address: 0x4e23288cee4960f9f962195c22948e4bc7ae20c3
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