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A whale closed its HYPE short position at a loss of $4.52 million, then opened a new short position on HYPE again.

2026-07-10 14:19

According to Lookonchain monitoring, the whale "0xf02d" has closed its HYPE short position held for nearly two months, resulting in a final loss of approximately $4.52 million. However, the whale did not exit the market; instead, it re-established a short position after closing, 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.