Crypto界网消息,HYPE short positions reduced by 36,051.34 tokens, approximately $1,704,633.17. The current position size is $8,961,247.72, with the average price adjusted from $45.79 to $45.81, and the current profit and loss is -$2,547,761.73 (-142.15%). The current token price is $64.01, and the liquidation price is $143.22. During the long-term market oscillation downward, this whale profited from going long on BTC and altcoin exchange rates. Now, with a total of $50 million in long BTC and short HYPE positions, the total cycle profit exceeds $37 million.

HYPE1.78%
BTC0.09%
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0xTeaTime
· 16m ago
Average price is 45.8—shorted up to 64. With this floating loss of more than $2 million, they can still stay calm and reduce their holdings.
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BlackVelvetBluePeony
· 13h ago
With a total profit cushion of 37 million, it can indeed withstand the pressure. If it were me, I would have already exploded.
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MevTeaBreak
· 13h ago
Making long-term profits from the BTC/altcoin exchange-rate spread—only to get caught in a one-sided HYPE rally?
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SandwichDodger
· 13h ago
Reducing holdings and positions is the right move; as long as the green mountains remain, this volatility is no joke.
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Pragmatists
· 13h ago
The 36k tokens being reduced should be a risk control measure, but the position is still too heavy.
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GateUser-5f4bad9c
· 13h ago
143 liquidation price looks far, but doubling it would be dangerous. Good luck to him.
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ArbiterOfFees
· 13h ago
This cross-asset arbitrage strategy becomes a disaster when faced with a one-sided market trend.
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ExitLiquidityCupid
· 13h ago
HYPE's trend is so wild, shorting it really takes courage
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