Wu said that, according to Nansen data, Fasanara Capital has shorted more than a dozen tokens on Hyperliquid with 3-20x leverage, among which the short positions in Fartcoin and HYPE exceeded 10 million dollars, currently floating profits of 4.21 million dollars and 1.33 million dollars respectively. In the past 7 days, Fasanara Capital's PnL on Hyperliquid has exceeded 12 million dollars.