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The whale's short position isn't bearish; it's betting on increased volatility. Those who understand will naturally get it.
The current holdings of this address amount to $5,243,384.41, with the average price adjusted from $86.48 to $86.38, and a current profit and loss of +$17,977.60 (+3.43%).
The current token price is $86.09, with a liquidation price of $262.17.
This address started building a position since May, was once the largest whale in HyperLiquid with the maximum contract fund size, and has been taking profits since November, with holdings once reaching $920 million.