According to Ai Yi and Lookonchain, a trader’s HYPE short was previously expanded or reopened at 375,033 tokens, but later shrank to 224,000 HYPE while remaining open and in floating loss.
According to Ai Yi, a trader betting against HYPE has recorded cumulative losses of $747,000 since yesterday, including $306,000 in less than 24 hours, while still holding a 224,000 HYPE short position valued at $10.63 million with a floating loss of $184,000. Earlier reports from Ai Yi and Lookonchain described what appears to be the same bearish trade at a larger size of about 375,033 HYPE. Ai Yi said the position had been increased by 75,000 tokens to 375,033.14 HYPE, with a reported value of $16.02 million, an average entry price of $43.298, and a floating profit of $225,000, while Lookonchain later described a reopened 375,033 HYPE short after a one-month break, valuing it at $17.5 million and showing a $1.26 million unrealized loss. The differing valuations and PnL figures likely reflect later market moves or reporting discrepancies, but the latest update indicates the position remains open at a reduced size and is currently losing money.