A certain whale temporarily bought a large amount of HYPE on HyperLiquid, intending to squeeze the shorts, which caused a drastic fluctuation in the funding rate. The whale deposited 32 million USDC and used TWAP to sweep the spot HYPE, then immediately shorted 100,000 HYPE at market price, resulting in a 4% price drop. Currently, the squeezed short positions have decreased to 727,000 HYPE. #HYPE # short #交易 # cryptocurrency.
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A certain whale temporarily bought a large amount of HYPE on HyperLiquid, intending to squeeze the shorts, which caused a drastic fluctuation in the funding rate. The whale deposited 32 million USDC and used TWAP to sweep the spot HYPE, then immediately shorted 100,000 HYPE at market price, resulting in a 4% price drop. Currently, the squeezed short positions have decreased to 727,000 HYPE. #HYPE # short #交易 # cryptocurrency.