According to CoinMeta, since 00:45 today, the trader “CBB” has accumulated a purchase of 125,492.4 units of HYPE spot, with a transaction value of approximately $10.5506 million and an average price of $84.073 per unit. At the same time, this account opened a new short position on 125,458.02 units of HYPE perpetual contracts in a 10x cross-mode, with a position size of about $10.5524 million and an average opening price of $84.111 per unit, creating a near 1:1 hedging between futures and spot. Currently, the funding rate for HYPE is positive, and this account has received approximately $1,818.6 in funding fees today from its perpetual short positions. The main account address is 0x49e96e255ba418d08e66c35b588e2f2f3766e1d0, and the trading sub-account address is 0x642ed9529b2c4fc33da54d1005b6aa12aefdf814.