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Since yesterday, a mysterious Whale that heavily shorted HYPE and faced some liquidations has continued to increase the position on HYPE short order.
On November 25, according to @mlmabc monitoring, a mysterious Whale has increased his short order of HYPE by approximately 700,000 HYPE (22.2 million USD) after a partial liquidation of a large shorting position, pushing his liquidation range up to 33.37 USD - 33.57 USD, only about 5% higher than the current price. As of the time of writing, the Address is still increasing the position. Currently, he holds 2.1 million HYPE short order holdings (worth 67.1 million USD), with a Margin of 6.9 million USD. This Whale started large scale shorting of HYPE yesterday (holdings worth 51.65 million USD) and was partially liquidated 8 hours ago. His Address points to a wallet named “okwan” that holds SOL and ETH, and is related to the Solana ecosystem Token WOULD.