A whale address short 16 Altcoin on Hyperliquid and made a profit of $3.56 million, with a total position value of $57.5 million

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On June 14, according to on-chain analyst Ai Yi (@ai_9684xtpa), the 0xa31 address on Hyperliquid started shorting a basket of altcoins including ETH, PEPE, and Doge since June 12, with Doge and XRP short positions showing the highest floating profits of $2.48 million and $1.4 million respectively, while the HYPE short position has a floating loss of $3.21 million.

Currently, 14 out of 16 short positions are in a floating profit state, with a total position size of $57.5 million. Notably, the funding fees earned within these three days amount to $2.275 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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