How Are the Long and Short Whales Positioned After HYPE's Surge? The Largest Short Seller Remains in a Position Over $50 Million After Stopping Losses of Nearly $1 Million
BlockBeats news, October 29 — Spurred by reports that ICE, the parent company of the New York Stock Exchange, plans to work with Trade.xyz to push Hyperliquid perpetual contracts into the U.S. regulated market, HYPE surged about 14% in a short-term move, breaking above $90, with single-day notional trading volume reaching as high as about $1.08 billion. The TradingBeats social timeline shows: in this rally there were both short sellers who took million-dollar stop-losses and accepted losses, and accounts that relied on HYPE long positions to gain more than 70% in a single day; during the sharp K-line spike, there were also more than $50 million in combined long chasing, colliding head-on with million-level short whale orders against the trend. After drastic on-chain position changes, where are the current whale positions now betting
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