Hyperliquid Trader Profits $547,000 on $CASHCAT Short in 4 Days, 35.5% Return

HYPE2.67%
According to chain analyst Ai Yi monitored via PANews, address 0xc36...e105B closed its $CASHCAT short position on Hyperliquid early on July 19, realizing $547,000 in profit with a 35.5% return. The trader opened the 1.54 million dollar position on July 14 at $0.11899 per token (when the asset was valued at $119 million), added to the position as the price declined, and closed all holdings at $0.05848 on the morning of July 19, four days later.
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