Q: @smartestmoney holds a 1.38 million HYPE long position, with unrealized profit down to $42.95 million and a liquidation price of $65.15. What do you think?
A: When negative news comes out, don't rush to conclusions—first get the details straight. Don't chase the news as soon as it breaks; wait for the candlestick to close before making a judgment.
$HYPE , down 2% intraday.