HYPE Short Position Tops 715,334 Tokens With $5.56M Unrealized Profit After 22% Price Drop

The largest HYPE short position, address 0xf02d, holds 715,334 HYPE worth $54.57 million after the token fell 22% from its peak. Onchain monitoring shows $5.56 million in unrealized profit plus $620,000 in funding fee gains.