source avatarMartin Ho

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HYPE rose from $28.79 to $77, yet this whale still holds his short position. He’s already lost nearly $21 million and still won’t close—truly relentless. The screenshot shows a 10x short position worth $33.39 million, with an additional $136 million in total short exposure across his portfolio. I wonder if he has a reason to believe HYPE will crash, or if he’s just stubbornly holding on. Is there still any chance this trade turns around, guys?

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