PANews reported on May 31 that, according to on-chain analyst Ai Yi, address 0xc72…0517c established short positions in BTC, ETH, and HYPE since mid-November last year. The current value of the BTC and ETH short positions is approximately $7.321 million, with a combined unrealized profit of approximately $2.5 million; while the current value of the HYPE short positions is approximately $1.7 million, with an unrealized loss of approximately $1.029 million.

Overall, the address still has a floating profit of approximately $1.471 million. However, if the address were to allocate a larger short position on HYPE, its overall returns would likely be significantly eroded.