Whale HYPE short position yields a 509% return, with multiple profitable long positions opened in the opposite direction during the holding period.

On December 24, Coinbob monitoring showed that the HYPE short position held by the whale starting with address 0xd16 has yielded significant profits. Since November, this address has opened short positions around $39, and after continuously rolling over the positions, the current position size is about $6.43 million, with the average cost reduced to $35.7. The unrealized profit stands at $3.28 million, with a return rate of 509%, and the current liquidation price is $32.78. During this period, the whale has repeatedly used about 10% of the funds to establish short-term long positions to capture market rebounds, and the total account assets have doubled.