PANews reported on May 22 that according to Yu Jin, a whale has been shorting 1.875 million HYPE (worth $57.14 million) with a 5x leverage since May 8, with an opening price of $20.4. As HYPE continues to rise, the current floating loss of the position is $18.8 million. To prevent liquidation, the address has added margin three times, the latest of which was an additional investment of $2.04 million USDC two hours ago, and the current liquidation price is $32.6.