HYPE: The top three short positions have all hit over $10M in unrealized losses, with a total loss exceeding $41M Currently, the top three short positions on Hyperliquid HYPE: 0xb83d…6e36: Shorted 1.04M HYPE, worth $84.14M, unrealized loss of $16.46M 0x5b5d…c060: Shorted 819.7K HYPE, worth $66.46M, unrealized loss of $12.22M 0x8def…2dae: Shorted 637.4K HYPE, worth $51.68M, unrealized loss of $17.29M, with a cost basis of just $53.97 and liquidation price at $108.79. The top three HYPE short positions are collectively deep underwater, with unrealized losses exceeding $41M. Interestingly, the third-ranked position has the smallest size but the largest loss, and has been actively cutting losses recently. In the past 7 days, this address has opened short positions totaling 59.8K HYPE and closed short positions totaling 59.5K HYPE. Just between August 22–23, closing shorts resulted in losses exceeding $1.01M. Even factoring in $294K earned from spot trading and $193K in funding fees, the account still ended up with a net loss of $857K over the past 7 days. Currently, the account has no open orders and hasn’t set any visible reduction orders for this short position. Direct link to the address: https://www.(aicoin.com)/zh-Hans/hyper-detail/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae