HYPE has seen over 12.65 million USD in short order Get Liquidated across the entire network in the last 6 hours, and the largest short positions Whale has reduced their Holdings by 35 million USD this week.

BlockBeats news, on November 25, according to Coinglass data, HYPE has seen approximately 12.65 million USD in short orders get liquidated across the network in the last 6 hours, with Hyperliquid accounting for the majority, about 94% of the total. In addition, according to HyperInsight monitoring, the largest long positions for HYPE on Hyperliquid is held by “Abraxas Capital”, with a holdings scale of 44.72 million USD, which has been gradually closing positions to take profit from HYPE short orders while reducing spot holdings. Compared to the 18th, the scale of short orders has dropped from 89.30 million USD to 44.70 million USD, with unrealized gains still at 13.26 million USD.