一条精明的鲸鱼在购买时缩短了炒作令牌

这条精明的鲸鱼正在宣传和购买。链上数据显示了投资者如何存入惊人的1123万美元

A crypto whale has been spotted shorting HYPE while also buying it.

一条加密鲸鱼也被发现，同时也被购买。

On-chain data from showed how the investor deposited a staggering $11.23 million $USDC into the DEX and opened a short position on the token with 3x leverage, netting a floating profit of $2.4 million.

来自链的数据显示，投资者如何将惊人的1123万美元存入DEX中，并以3倍的杠杆作用在代币上打开了短期位置，从而获得了240万美元的浮动利润。

However, when they bought 87,417 $HYPE tokens for $5.08 million at an average price of $13.12. This long position has a floating loss of $270k.

但是，当他们以508万美元的价格以13.12美元的价格以508万美元的价格购买87,417美元的炒作令牌时。这个长位置的浮动损失为$ 270万。

Such trading strategy is called a hedging strategy, which involves taking offsetting positions (short position on HYPE and long position on HYPE ) to mitigate risk.

这种交易策略称为对冲策略，其中涉及降低抵消位置（炒作的短姿势，炒作长期位置）以减轻风险。

Although the whale’s actions provide conflicting signs, they are not only betting against the token with the short position but also accumulating a large amount of it. Despite the loss from the long position, it could be part of the trader’s long term accumulation strategy. On the other hand, the short position might be short-term hedge against possible price dip.

尽管鲸鱼的行为提供了相互矛盾的迹象，但它们不仅押注了以短姿势的令牌，而且还积累了大量的标志。尽管长期以来造成了损失，但它可能是交易者长期积累策略的一部分。另一方面，短期位置可能是短期对冲，以防止可能的价格下跌。

Usually, in cases like this, two possibilities emerge. One, the anonymous whale might be aiming for profit against the market volatility without taking a directional bet on the HyperLiquid token. Second, it could also hint at the whale’s manipulative behaviour, designed to create confusion.

通常，在这种情况下，会出现两种可能性。首先，匿名鲸鱼可能是为了使市场波动的利润而不是对超流动令牌的定向下注。其次，它还可以暗示鲸鱼的操纵行为，旨在引起混乱。

Earlier this week, Hyperliquid announced reimbursing JELLY long position holders at a price of 0.037555, except for flagged addresses. The move comes after the last week’s token incident that led to the complete loss of funds in the Liquidator vault.

本周早些时候，Hyproliquid宣布以0.037555的价格向果冻长位置持有人偿还，但标记地址除外。此举是在上周的代币事件发生后，导致清算人保险库完全损失了资金。

In a bid to strengthen risk management practices, Hyperliquid is setting limits on the Liquidator vault. If losses exceed the limit, ADL will be triggered; the open interest cap (risk control) will be dynamically adjusted in relation to market capitalization; validators will be able to decide via on-chain voting whether to delist assets with liquidity or market capitalization below the standard.

为了加强风险管理实践，Hyperliquid正在对清算人保管库设定限制。如果损失超过限制，则将触发ADL；开放兴趣上限（风险控制）将与市值进行动态调整；验证者将能够通过链投票决定是否将流动性或市值低于标准的市场资产划分。

Moreover, the Hyperliquid Assistance Fund, which has been actively buying its native token, has seen a significant reduction in its buying activity throughout March.

此外，一直在积极购买其原始代币的超流动援助基金已在整个3月的购买活动中大大减少。

This decline in buybacks, coupled with the fund’s average purchase price being higher than the current market price, suggests a weakening of support for $HYPE and could lead to further price declines.

回购的下降，再加上基金的平均购买价格高于当前市场价格，这表明对$炒作的支持削弱了，并可能导致进一步的价格下降。