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CryptoWorld News reports that the HYPE short position increased by 24,241.24 tokens on May 5, 2026, approximately worth $2,081,600.19.
The current position size is $24,744,530.82, with an average price adjusted from $38.95 to $39.05, and the current profit and loss is -$2,183,394.67, with a loss ratio of -44.12%.
The current token price is $42.82, and the liquidation price is $63.81.
This whale has long relied on market oscillations during downward trends, profiting from the exchange rate between BTC and altcoins by going long on BTC and short on HYPE.
Now, with a total scale of $50 million, they are long on BTC and short on HYPE, with a total cycle profit exceeding $37 million.