CryptoWorld News: HYPE's net buy volume through TWAP (time-weighted average price) orders in the next 24 hours reaches $11.5 million, with the largest buy order coming from a whale who previously held about $2.4 million in short positions on HyperLiquid. The whale's unrealized loss has expanded to $660k (-152%) due to HYPE's rebound, exceeding the initial position capital. To hedge risk, this address plans to buy spot assets while increasing short positions to dilute costs, with the total short position expected to expand to $7.33 million.

HYPE4.08%
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GateUser-9008328f
· 4h ago
11.5 million TWAP suggests someone is accumulating, and whale hedging instead gives the longs more fuel.
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GasFeesForNightRuns
· 6h ago
From 2.4 million to 7.33 million in short position size, the cost distribution is a bit tragic.
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RugProofRita
· 6h ago
I’ve been watching this address; I was quite determined to keep it empty before, but now I’ve been forced to change it.
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SugarAirdropDream
· 6h ago
-152% unrealized loss still calmly adding positions, I respect this mental resilience.
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BridgeBurner
· 6h ago
TWAP 11.5 million net buy-in, the rebound momentum is still there, shorts beware.
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GateUser-fb035825
· 6h ago
Buying spot assets while adding short positions, a classic hedge turning into a double loss scenario
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DAOBackbencher
· 6h ago
2.4 million short positions held until a loss of 660k, leverage is all about heartbeat racing.
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CliffsideAncientPineAndRolling
· 7h ago
This wave of whale hedging looks like a rescue attempt, but with 7.33 million short orders stacked on top of the spot market—aren’t they afraid of getting squeezed and liquidated again?
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