The mysterious whale that started short HYPE yesterday and had some of its short positions liquidated has continued to add to its HYPE short positions.

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On November 25, according to @mlmabc's monitoring, a mysterious whale that had been partially liquidated after short HYPE added about 700,000 HYPE contracts (US$22.2 million) to its short position, pushing its liquidation range to the US$33.37-US$33.57 range, only about 5% higher than the current price.

As of press time, the address is still adding to its short position. It currently holds 2.1 million HYPE short positions (worth $67.1 million) with a margin of $6.9 million.

The whale began a large short in HYPE yesterday (worth $51.65 million), which was partially liquidated eight hours ago. Its address points to a SOL and ETH wallet with the domain "okwan," and is associated with the Solana ecosystem token WOULD.

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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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