According to Ai 姨 on Twitter, a prominent trader has accumulated $9.68 million in profits by shorting 16 altcoins on the Hyperliquid platform. As of June 17, 15 out of 16 positions were in profit, with only HYPE showing a reduced loss of $1.92 million. The total position value reached $53.3 million, and the trader partially closed positions in ETH, PEPE, INIT, and XRP. This aggressive short strategy signals bearish sentiment and heightens volatility across key altcoins, impacting market liquidity and crypto trading strategies. Source: Twitter (@ai_9684xtpa, June 20, 2025).

According to Ai 姨 (@ai_9684xtpa), Hyperliquid address 0xa31...8ad1e initiated 16 short positions on various altcoins such as ETH, PEPE, and DOGE starting June 12, 2025. Over three days, the trader netted $3.56 million in realized and unrealized profits, with DOGE and XRP shorts contributing the most—$2.48 million and $1.4 million respectively. Only the HYPE short position registered a significant unrealized loss of $3.21 million, while 14 out of 16 positions remain profitable. The total position size across all shorts is $57.5 million, highlighting aggressive downside bets on key altcoins. This trading activity reflects increased bearish sentiment and could impact market liquidity and volatility for these tokens. (Source: Twitter/@ai_9684xtpa)