PANews reported on May 15 that, according to on-chain analyst Ai Yi, address 0x519…96a47 has shorted 300,000 HYPE tokens on Hyperliquid with 10x leverage, with a position value of approximately $13.2 million. The average opening price was $43.398, and the current unrealized loss is approximately $187,000.

According to reports, the address deposited 8.825 million USDC into Hyperliquid approximately one and a half hours ago as margin, theoretically allowing it to continue expanding its position. Ai also stated that the address has historically accumulated profits of approximately $5.965 million.