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CryptoWorld News reports that a certain address has increased its short position on TON by 241,668.70 tokens on the HyperLiquid platform, approximately worth $615,342.70.
The address's total holdings amount to $2,514,431.71, with the average price adjusted from $2.18 to $2.20.
The current token price is $2.31, and the liquidation price is $8.51.
This address is shorting more than 20 different tokens, with a position value of about $20 million, serving as a counterparty to the "long basket of altcoins," with similar tokens.