HYPE has seen over 12.65 million USD in short order Get Liquidated across the entire network in the last 6 hours, and the largest short positions Whale has reduced their Holdings by 35 million USD this week.

On November 25, according to Coinglass data, approximately 12.65 million dollars in HYPE short orders were liquidated across the network in the last 6 hours, with Hyperliquid accounting for the largest share, approximately 94% of the total. In addition, according to HyperInsight monitoring, the largest long position on HYPE on Hyperliquid is held by “Abraxas Capital”, with a holdings scale of 44.72 million dollars. Recently, they have been gradually closing positions to take profit on HYPE short orders while reducing spot holdings. Compared to the 18th, the scale of short positions has decreased from 89.30 million dollars to 44.70 million dollars, and there are still unrealized gains of 13.26 million dollars.