# HYPE Short Position Holds at $32.35 Million After $3.19 Million Cut

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/46346
Published: 2026-11-02T11:31:24.000Z
Updated: 2026-11-02T11:31:24.000Z
Section: Investing

> The account’s cumulative profit was about $142 million in an update timestamped 5:42 a.m. ET Monday.

A contract account held a HYPE short valued at about $32.35 million after reducing it by roughly $3.19 million, while cumulative profit stood at about $142 million.

The update was timestamped 5:42 a.m. ET (10:42 UTC) Monday, Nov. 2, and listed the account address as 0x7fdafde5cfb5465924316eced2d3715494c517d1. The account continued to hold the short after the reduction.