$HYPE SHORT PRESSURE HITS CRITICAL STAGE ⚠️

A major $HYPE short hedger has deposited 616,670 tokens worth about $36 million into a Top-tier exchange and has begun selling. Only 78,000 $HYPE reportedly remains to be sold, while the account maintains a 5x leveraged short hedge valued near $104 million with an unrealized loss of $22.78 million.

This is a liquidity-sensitive setup. Continued spot selling may cap momentum short term, but a large leveraged short under pressure can also increase squeeze risk if demand absorbs supply. Traders should monitor order book depth, funding, and liquidation levels before reacting.

Not financial advice. Manage your risk.

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