Odaily said monitoring data showed that a wallet tied to a derivatives account has posted cumulative profit of about $142 million. After cutting roughly $3.19 million worth of HYPE short positions, the address still holds about $32.35 million in HYPE shorts. The address identified in the update is 0x7fdafde5cfb5465924316eced2d3715494c517d1. The reported total profit and loss figure remains at a gain of about $142 million. No additional timing, trade entry details, or platform information were disclosed in the source update.
Odaily reported that monitoring data showed a derivatives account linked to the address 0x7fdafde5cfb5465924316eced2d3715494c517d1 has generated cumulative profit of about $142 million.
After reducing roughly $3.19 million in HYPE short positions, the address still holds about $32.35 million in HYPE shorts.
The total profit and loss figure cited in the update remained a gain of about $142 million.
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