The largest short position on the HYPE chain is valued at $54.57 million, with an unrealized profit of $5.56 million.

BlockBeats news, October 24 - According to lookonchain monitoring, the price of HYPE has dropped 22% from its peak. Currently, the largest HYPE short address 0xf02d holds 715,334 HYPE short positions, valued at approximately $54.57 million, with unrealized profits reaching $5.56 million, and has also earned about $620,000 through funding rate income.