Damn, HYPE is really insane! That whale who previously held a 26 million dollar unrealized loss and stubbornly held on is now basically a legend.

I remember last December, this guy opened a position with more than 5x leverage, and at the worst, he had an unrealized loss of 26 million dollars, just a hair away from liquidation.
The whole internet was watching and laughing, calling him a fool giving away money.
But he stubbornly held on for half a year, with funds flowing out every day, yet he didn’t sell a single thing.
And now? Not only has he recovered his losses, but his unrealized profit has skyrocketed to 27.4 million dollars, holding 1.38 million HYPE tokens, with a total market cap of 81 million dollars—mind-blowing.
What’s even crazier is that the short squeeze is just getting started.
Just looking at the order book, at the 57.064 level, the bulls’ main force hit 41 market orders in a row, gobbling up 11.68 million dollars worth of tokens all at once, with new funds pouring in aggressively, openly snatching up tokens.
The bears are probably panicking now, frantically searching worldwide for tokens to cover.
HYPE has already reached the threshold of its previous all-time high, and the more it rises, the more people chase after buying, and the more the shorts tremble.