According to CoinMeta, the account starting with 0xf02, identified as “HYPE Iron Head Air Force,” is currently shorting 607,100 units of HYPE with a leverage of 5 times. The value of this position is approximately 48.8 million US dollars, and the average purchase price is 81.36 US dollars, making it once again one of the largest short positions in the market for HYPE. As of press time, the price of HYPE is reported at 80.37 US dollars, with a 24-hour decline of about 3.08%. This whale trader currently has a floating profit of about 600,000 US dollars, with a return rate of around 6.1%, and a liquidation price of 101.30 US dollars. The size of this position further expanded this morning; between 1:14 and 1:30, this account sold 202,200 units of HYPE at an average price of about 83.21 US dollars, for a total of about 16.824 million US dollars, which nearly doubled the number of short positions. This new short position has already generated a floating profit of about 574,000 US dollars at the current price, contributing the majority of the current book profit. This whale trader has previously shorted HYPE multiple times, completing 11 rounds of short positions with a record of 8 wins and 3 losses, but still has a cumulative net loss of about 3.348 million US dollars, in addition to approximately 105,000 US dollars in transaction fees. The most recent large-scale short position was concluded on August 21st, with the closing of 564,200 units of HYPE and a loss of about 2.096 million US dollars.