Position value of $54.57 million: a certain address holds 715,300 HYPE short positions with an unrealized profit of $5.56 million

Odaily reports, according to Lookonchain monitoring, HYPE has fallen 22% from its peak. A certain address (0xf02...3454c6) currently holds 715,300 HYPE short positions, with a position value of $54.57 million, an unrealized profit of $5.56 million, and has additionally received $620,000 in funding fees.