This giant whale is going all wrong on HYPE and bleeding hard, yet it’s still stubbornly holding on—its bulls’ faith is even harder than diamond.

CryptoWorld News: HYPE short positions have been increased by 25,116.32 tokens, approximately $2,113,626.02. The current position size is $15,133,533.85; the average entry price has been adjusted from $51.98 to $54.35; and the current profit and loss is -$3,807,579.66 (-125.80%). The current token price is $72.62, and the liquidation price is $121.53. This whale has long relied on the market’s downward oscillation: profiting by going long on BTC and on altcoin exchange-rate moves. Now, with a total position size of $50 million long BTC and simultaneously short HYPE, its profit for the entire cycle exceeds $37 million.