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Whale address rebalancing on January 15: HYPE took profit of $1.11 million, PUMP's losing positions continue to be under pressure
【Crypto World】On-chain data shows that a well-known whale address made a position adjustment on January 15th.
At the HYPE level, this whale executed partial profit-taking. It reduced its short position by 4,599.65 HYPE, worth approximately $114,200. However, this was just a minor adjustment—even after taking profits, the total value of the HYPE short position remains as high as $7,927,200, with a floating profit of about $1,150,300. It seems this short bet was quite successful.
Meanwhile, the address was also managing its PUMP position. This time, it reduced 39.31 million PUMP tokens, worth about $102,600. But the story for this coin isn’t as smooth—PUMP’s total short position is now valued at $5,151,200, with a floating loss of approximately $103,900. Clearly, this short position hit a snag.
It appears that this whale is differentiating its approach to different tokens: taking profits on the profitable HYPE, while cutting losses on the PUMP short. This operational logic is quite clear.