CoinWorld news: A high-level short trader has recently reduced its HYPE short position by 16,901.83 tokens, equivalent to approximately $2,043,680.24. The current position size is $33,350,401.60, with an average price of $54.08. The current profit/loss is -$4,566,268.62 (-68.46%), the current token price is $62.66, and the liquidation price is $95.26. This address was previously the largest short seller of ZEC in the crypto market. Recently, it has preferred to set up short positions at high levels in the US stock sector, with a profit of over $48 million in half a year.

HYPE-1.44%
ZEC-4.47%
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MirrorBallGazingAtTheSky
· 1h ago
The average price of 54.08, now 62.66, not yet liquidated but under considerable pressure.
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SandwichDodger
· 2h ago
With 48 million in profit backing it up, even if this trade loses money, the overall position is still profitable.
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Paper-SculptedOctopusPool
· 2h ago
Reducing short positions - is it expecting a bounce? Or is risk control tightening?
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GateUser-dcb4d0d5
· 2h ago
Liquidation price 95.26, still quite far, can hold out for a while.
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StopRaisingGasFees.
· 2h ago
-68% and still holding, I can't learn that mental fortitude.
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L2Sidequester
· 2h ago
This floating loss looks scary, but that person made 48 million in half a year — what's this drawdown?
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