Hyperliquid: Trader Holds $30.55M Shorts

BOOMER (@solanadoomer1) holds $30.55M in shorts on Hyperliquid, with the $2.53M HYPE short currently down $39.7K according to Onchain Lens. The address shows unrealized PnL of +$129.8K, 30-day PnL of -$2.11M and lifetime PnL of +$22.58M at 0xbf732ea04197942783e34730ed6e0f6099575d58.

Price action on the 4h chart shows HYPE at $78.71 inside the Bollinger bands with the upper band resistance at $82.49 acting as the near-term exhaustion level while the EMA50 at $80.07 serves as immediate resistance in a bearish structure confirmed by the MACD death cross at -0.46; the neutral RSI at 46.11 leaves room for further downside toward the lower band support at $76.58 before any reversal attempt.