[Whale HYPE Short Position Yield Reaches 509%, Multiple Profitable Long Positions Opened During Holding Period]
On December 24, Coinbob monitoring revealed that the whale address starting with 0xd16 achieved significant returns on its HYPE short position. Since November, the address opened short positions near $39, rolling over positions to reach a holding size of approximately $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 repeatedly utilized about 10% of its funds to establish short-term long positions to capture market rebounds, doubling the total account assets.