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"The 20M Whale" continues to harvest HYPE short positions and reduces the HYPE hedge position.

"The 20M Whale" continues to harvest HYPE short positions and reduces the HYPE hedge position.

BlockBeatsBlockBeats2026/01/28 02:57

BlockBeats News, January 28. According to HyperInsight monitoring, in the past hour, the "20 Million Band Hunter" (0x880ac) has been continuously liquidating HYPE short positions and reducing the HYPE spot hedging position. Currently, they still hold 687,596 HYPE (approximately $23.06 million) and have shorted 1,703,478 HYPE with 5x leverage, resulting in an unrealized loss of $10.75 million.


This address follows an aggressive trading style, excels in using high leverage for short-term trading, and has accumulated a total profit of $91.15 million throughout the cycle.

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