Svmuu News: According to Lookonchain’s monitoring, the whale “0xf02d” has closed out its HYPE short position, which it had held for nearly two months, resulting in a loss of approximately $4.52 million. However, the whale has not exited the market; instead, after closing the position, it re-established a short position, once again shorting HYPE.
Data shows that the address subsequently opened a new HYPE short position with 10x leverage, totaling approximately 283,900 HYPE tokens, valued at about $19.34 million.