Precise closing of positions, then precisely selling at a loss, and finally precisely getting trapped—textbook-level reverse operations

According to Lookonchain, before the HYPE price increased, a short seller sold HYPE while closing their position. They unlocked approximately 443.18k tokens and sold 231.9k tokens, with another 211.28k tokens still to be sold. This trader still holds about 141.5k HYPE short positions, with an unrealized loss of over $2.5 million.