by: xpoolPosted on:

Trader Doubles Down on Short Position in HYPE Token, Facing High Liquidation Risk

A large cryptocurrency trader has significantly increased their bearish short position on the token HYPE, adding another $700,000 worth of shorts. This brings their total short position to a substantial $2.1 million in tokens, currently valued at $67.1 million. The trader’s aggressive move signals either strong conviction in a price drop or hedging against another market position.

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