The leading short seller on Hyperliquid has significantly reduced their positions this month, decreasing their total from $760 million to $270 million. This reduction includes their holdings in XPL and various multi-assets. The decision to close out these positions marks a notable shift in their investment strategy. The seller’s actions reflect broader market trends and investor sentiment, as they adjust their portfolio in response to changing conditions. The reduction in total positions indicates a strategic move to mitigate risk or capitalize on market opportunities.
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