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CryptoWorld News reports that, according to HyperInsight monitoring, major whale traders have reduced their HYPE short positions by 61,985.84 tokens on the hyperliquid platform, approximately worth $2,238,789.31.
The current position size is $11,000,199.01, with an average price of $37.61, and a current profit and loss of -$1,150,491.10 (-83.67%).
The current token price is $42.01, with a liquidation price of $45.78.
This address has been engaged in high-frequency multi-asset swing trading for a long time, with an average holding time of about 20 hours.
Since October last year, it has achieved nearly $100 million in profit with an initial capital of about $20 million.