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$WLFI Spot tomorrow night, today's contract new high 0.395
On August 27th, both XPL and HYPER saw a surge in hedging around one or two in the morning. Tomorrow evening there will be Spot, and today's contract reached a new high of 0.395. It is estimated that the large holders who were hit hard in HYPER on the 27th will hedge again, leading to a quick drop after the new high.
Currently, HYPER has a position of 97 million, but the long-short ratio is much higher than other platforms, reaching 1.16. Are there hidden long positions? Will it repeat again tonight?