Data: A user’s short position on PUMP has an unrealized loss of $35 million, with total losses exceeding $44.1 million.

According to ChainCatcher, crypto analyst Ember@EmberCN has monitored that the account named “[email protected]” on Hyperliquid currently holds the largest PUMP short position. The account is shorting 8.56 billions PUMP with 5x leverage, with a position value of $64 million and an entry price of $0.00338. However, the current price of PUMP has more than doubled since the entry, resulting in an unrealized loss of approximately $35 million. The account also holds other short positions such as SOL and LINK, with total unrealized losses reaching $44.1 million. Analysis suggests that due to its frequent trading, this account may be engaged in arbitrage or hedging strategies.