Data: A user shorted PUMP with an unrealized loss of 35 million USD, with total losses exceeding 44.1 million USD

ChainCatcher news, according to crypto analyst Yu Jin @EmberCN's monitoring, the account named "btc@tuta.com" on Hyperliquid holds the current largest short position in PUMP, shorting 8.56 billion PUMP with 5x leverage. The position is valued at 64 million USD, with an opening price of 0.00338 USD, while the current price of PUMP has exceeded its opening price by more than double, resulting in an unrealized loss of about 35 million USD. This account also holds other short positions in SOL and LINK, with a total unrealized loss of 44.1 million USD. Analysis indicates that its trading is frequent, possibly indicating an arbitrage or hedging account.