Air Force Leader Adjusts Short Positions: HYPE Profit-Taking and PUMP Loss-Cutting
According to Hyperinsight monitoring data on January 15, a major short position address made strategic adjustments to its short holdings in two different tokens, reflecting a dynamic shift in market outlook.
In this round of operations, the address first took partial profits on its HYPE position by reducing 4,599.65 HYPE shorts worth approximately $114,200. Despite the reduction, the total short position in HYPE remains high at $7.9272 million, with a floating profit of around $1.1503 million.
At the same time, the address executed a stop-loss on its PUMP holdings by reducing 39.31 million PUMP shorts valued at about $102,600. After this adjustment, the total short position in PUMP now stands at $5.1512 million, with a current floating loss of approximately $103,900.
Position Adjustments Signal Strategy Shift
The recent moves indicate a clear divergence in the trader's approach to different assets, suggesting a possible split in market sentiment. By securing profits on HYPE and cutting losses on PUMP, the trader is actively managing risk in response to changing market conditions.