The "rollover trader" has further increased his short positions in HYPE, bringing the total value of his short positions across four cryptocurrencies to a staggering $261 million.

Trader "0xD83...Fd7" has increased his short position in HYPE in the past half hour. He started by shorting ETH last Friday and then used profits to increase his short positions in other cryptocurrencies. He now holds short positions in four cryptocurrencies: BTC, ETH, HYPE, and XMR, with a total value of $261 million.