This ZEC short-selling expert switched to HYPE for half a year and made 48 million yuan, still holding at -79%, with a liquidation price of $104. Are they really just betting hard?

CoinWorld News: The trader who was short at high levels recently reduced their HYPE short position by 4,449.56 coins, which is approximately $2,281,617.90 at the current coin price.
The trader's total position size is $35,340,811.41, with an average price of $54.08, and current profit and loss is -$5,642,673.63, with a profit and loss ratio of -79.83%.
The current HYPE coin price is $64.35, and the liquidation price is $104.44.
This address was previously the largest short in the ZEC crypto market, and recently has preferred to set high-level short positions in the US stock market, with a half-year profit exceeding $48 million.