A Hyperliquid 'perma-bear' is 81% short with $2.7M all-time profit, led by a $13.57M HYPE short up $539K, Nansen says, as HYPE trades 28% off its record.

Whale wallet 0x97f8 scaled a 50x leveraged S&P 500 short to $147.6 million on Hyperliquid, banking nearly $1 million in unrealized profits within days.

A Hyperliquid 'perma-bear' is 81% short with $2.7M all-time profit, led by a $13.57M HYPE short up $539K, Nansen says, as HYPE trades 28% off its record.