A major trader previously caught shorting $50M on HYPE before facing liquidation is back in the game. This time, they've initiated a fresh 150k HYPE position ($3.7M notional) at the $25 level, establishing bearish exposure once again. The liquidation threshold sits at $30.7, leaving roughly a $5.7 cushion. This move signals renewed conviction in downside positioning, worth monitoring closely as institutional players continue reshaping HYPE's order flow dynamics.
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A major trader previously caught shorting $50M on HYPE before facing liquidation is back in the game. This time, they've initiated a fresh 150k HYPE position ($3.7M notional) at the $25 level, establishing bearish exposure once again. The liquidation threshold sits at $30.7, leaving roughly a $5.7 cushion. This move signals renewed conviction in downside positioning, worth monitoring closely as institutional players continue reshaping HYPE's order flow dynamics.