Hyperliquid $CASHCAT short closes with $547,000 profit on 35.5% return

On-chain analyst Ai Yi said address 0xc36…e105B exited the top position after building a $1.54 million short from July 14 and closing at $0.05848, with funding fees included in the gain.

HYPE

Summary

A top $CASHCAT position on Hyperliquid ended in profit after address 0xc36…e105B closed a short opened on July 14 at $0.11899 and fully exited at $0.05848 at 01:37 today. Ai Yi said the trader added to the position when the token’s market cap fell below $100 million. The trade generated $547,000 on a $1.54 million position, equivalent to a 35.5% return including funding fees (periodic payments between long and short traders).

Terms & Concepts
  • short: A bearish trade betting an asset will fall.
  • market cap: Total value of a token’s circulating supply.
  • funding fees: Periodic payments between long and short traders.