Address Linked to ZEC Short Adds $4.14M to HYPE Shorts Within Two Minutes

Address 0xd475… added 119,470.37 HYPE worth $4.14M to its short position within two minutes on Feb. 4, Hyperinsight data show. At 11:21, the address added 58,431.91 HYPE ($2.01M); at 11:23, it added 61,038.46 HYPE ($2.12M). The notional value rose to $11.47M with an unrealized loss of $1.42M (61.47%), an average entry price of $29.08, and a liquidation price of $98.65.