Hyperliquid Whale Refuses to Close HYPE Short Despite Being Down $22M

May 21, 2026 - 15:30
Hyperliquid Whale Refuses to Close HYPE Short Despite Being Down $22M
A Hyperliquid (HYPE) whale is refusing to close a massive short position even as the token’s rally leaves the trader sitting on more than $22 million in unrealized losses. Key takeaways: HYPE’s 134% year-to-date rally, rising ETF inflows and fresh whale accumulation may deepen squeeze pressure on the short seller. Technical setups suggest a potential...

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