The "fake air force engine" partially closed out its HYPE short positions with profit-taking, and simultaneously cut losses on its PUMP short position...
AI Summary1 min read
TL;DR
The 'fake short seller' address partially took profits on its HYPE short position, reducing it by $114,200, while cutting losses on its PUMP short position by $102,600. This leaves a floating profit of $1.15M on HYPE and a floating loss of $103.9K on PUMP.
Tags
HyperliquidDeFiLayer 1YDecentralized Exchange (DEX) TokenPump.funfake short sellerHYPEPUMPshort positionsprofit-taking
According to Mars Finance, on January 15th, Hyperinsight monitoring showed that the address associated with the "fake short seller" adjusted its two short positions in a short period: On HYPE, the address partially took profits, reducing its short position by 4,599.65 HYPE tokens, worth approximately $114,200. After this reduction, the total value of its HYPE short position remains high at $7,927,200, with a current floating profit of approximately $1,150,300. Simultaneously, the address reduced its losing short position on PUMP, reducing its short position by 39.31 million PUMP tokens, worth approximately $102,600. After this operation, the total value of its PUMP short position is $5,151,200, with a current floating loss of approximately $103,900.