Hyperliquid Whale Significantly Reduces Short Position, While Another Whale Suffers Major Losses of Over $10 Million from Shorting XRP and SUI

August 13th. Based on the real-time monitoring of HyperInsight, in the past 6 hours, several whales in the Hyperliquid contract market have been frequently engaging in trading. Some of the bearish whales have decided to significantly reduce their short positions while still choosing to "hodl": The whale with the address starting with 0x7fdafde: The short position of FARTCOIN has increased by $810,000, and the current unrealized profit is $2.8 million with a liquidation price of $2.632. The short position of ETH currently has an unrealized loss of -$5.98 million, and the entry price is $4,037. The whale with the address starting with 0x8af700: The short position of SUI currently has an unrealized loss of -$3.51 million, and the entry price is $2.32. The short position of XRP currently has an unrealized loss of -$7.15 million, and the entry price is $2.11. The whale with the address starting with 0x2ba553: The long position of BTC has increased by $6 million, and the current unrealized profit is $650,000 with a liquidation price of $52,630.649. The whale with the address starting with 0x5b5335: The short position of ETH has increased by $850,000, and the current unrealized loss is -$5.98 million with a liquidation price of $4,882.425.