I just opened a $HYPER Blind Box and revealed +200 $HYPER.
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Aggressive short seller builds $300M in shorts An aggressive trader has built roughly $300M in short exposure and is up about $12.5M over the past two days. The account started with $2.8M and used 25–30x leverage across the following positions: ➡️ 1,640 BTC ($147M) entry at $92,120, liquidation at $95,460 ➡️ 41.8K ETH ($125M) entry at $3,198, liquidation at $3,220 ➡️ 928K HYPE ($19.9M) entry at $21.63, liquidation at $30.78 The trader is also hitting the order book aggressively. In HYPE, they effectively pushed price from $21.8 to $21.0 by firing repeated $3M–$4M market sells into thin liquidity. So far, it’s working. If geopolitical sentiment flips or large buyers step in, cross margin risk will show quickly. In that scenario, this trader would be forced to buy back 928K HYPE, 42K ETH, and 1,640 BTC into shallow books.
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Year to date performance
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