Monitoring reports that a Hyperliquid address holds approximately 433100 tokens of HYPE in short positions and has recorded substantial unrealized losses
BIBIBI
AT A GLANCE
Reportedly, a certain Hyperliquid address holds HYPE in short positions, with unrealized losses of approximately 23070000 USD, and has not closed the position.
Article
🔍 On-Chain Detective | A Whale’s Short Position HYPE Over 1 years without closing the position, with unrealized losses exceeding 23000000 USD BlockBeats reports that October 13, according to TradingBeats monitoring,Hyperliquid whale address 0x45d2…4029 holds approximately 433100 tokens of HYPE in short positions. Based on the latest reference price, the position is worth approximately 35540000 USD, using 10 x cross margin leverage, with an average entry price of approximately 28.79 USD, and current unrealized losses of approximately 23070000 USD, with a position return of approximately -1850%.
The address began shorting 2025 in September and has repeatedly adjusted its position over the past HYPE years. It still holds a large short position. As of press time, the 1 Hyperliquid perpetual contract on HYPE was trading at approximately 82.06 USD, around 185%above the address’s average entry price.
Original link https://m.theblockbeats.info/flash/371492
Key points
01
BlockBeats, citing TradingBeats monitoring, reports that Hyperliquid a certain address holds approximately 433100 tokens of HYPE in short positions.
02
The position is worth approximately 35540000 USD, using 10 x cross margin leverage, with an average entry price of approximately 28.79 USD。
03
The article states that current unrealized losses are approximately 23070000 USD, with a position return of approximately -1850%。
04
The address reportedly began shorting in 2025 September and repeatedly adjusted its position during that period.HYPE
05
As of press time, the article states that the price of the Hyperliquid perpetual contract on HYPE was approximately 82.06 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Short selling means selling an asset first, expecting to buy it back at a lower price for a profit. If the price rises, the short position incurs unrealized losses; here, unrealized losses are paper losses before the position is closed.
Why it matters to readers
The large short position and its unrealized losses indicate that the position faces significant price risk; however, unrealized losses alone cannot confirm whether the address will close the position or determine the HYPE overall market direction.
Beginners should distinguish between unrealized and realized losses: only after a position is closed are the paper gains or losses finalized. Leverage amplifies the impact of price fluctuations on a position.
Risks and unknowns
The information comes from TradingBeats monitoring relayed by BlockBeats; the complete address and position data were not provided in the original article.
The original article does not state the liquidation price of the position.
The original article alone cannot confirm whether the address still holds a short position of the same size.
It remains unclear whether the data in the article has been independently verified or corrected.
Related Developments
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Related concepts
Short Selling
A trader establishes a corresponding-direction contract position in anticipation of the underlying asset’s price falling.
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
