A whale closed a HYPE short position with a loss of $4.52 million, then opened another short position on HYPE again

Odaily Odaily reported that according to Lookonchain monitoring, the whale "0xf02d" has closed its HYPE short position, which it had held for nearly two months, ultimately incurring a loss of approximately $4.52 million. However, the whale did not exit the market; instead, it opened a new short position after closing the previous one, shorting HYPE again.

Data shows that the address subsequently opened a new HYPE short position with 10x leverage, with a position size of approximately 283,900 HYPE, worth about $19.34 million.