Whale Adds $22M to HYPE Short Position After Partial Liquidation

A whale wallet linked to the domain "okwan" increased its HYPE short position by approximately 700,000 tokens ($22 million) on November 25, pushing its liquidation range to $33.37-$33.57, about 5% above the current price, @mlmabc data show. The wallet currently holds a 2.1 million HYPE short position valued at $67.1 million, backed by $6.9 million in collateral. The address initiated a large short position worth $51.65 million one day prior and experienced partial liquidation eight hours before the latest addition.