Shorting HYPE, a staggering loss of 21.14 million, what does this farce of a 'neutral strategy' illustrate?
aiPool founder Skely mocked the shorts on Twitter: 'Delta neutral? You're just net loss unbalanced.'
His screenshots show that there are accounts shorting HYPE, with an opening price of $20.44, and now the coin price has surged to $31.7, leaving only a breath away from the liquidation price of $33.64, with unrealized losses exceeding $21.14 million and a loss rate as high as 177.74%.
This wave of movement has almost crushed 'rationality, risk control, and models' directly, indicating that in this round of hot money frenzy for clones, the shorts are not dying slowly; they are being buried alive.
My opinion:
When the heat explodes, insisting on so-called 'neutral strategies' is actually the arrogance of thinking oneself clever. Coins like HYPE are not meant for your analytical logic; they only consider whether they are hot or not.
This is not a stage for discussing 'mathematics'; it is time to understand 'consensus.'
What do you think of HYPE? Can it still be chased? Or should it be avoided? Feel free to discuss in the comments.
