Reputed Trader Closes ETH and HYPE Positions with $33.83 Million Profit, Opens Short Orders

A reputed trader has closed their long positions in Ethereum (ETH) and HYPE, generating a $33.83 million profit. This trader is now placing short orders on both ETH and HYPE, suggesting potential price drops in the coming days. This move comes amid growing volatility in the cryptocurrency market. Other traders have been affected by this trend, with one losing over $26 million on an ETH short position.