Monitored by Woofun AI, four distinct addresses holding short positions in HYPE are approaching critical liquidation levels as the token's price continues its upward trajectory. These wallets, which collectively manage position sizes surpassing $12 million, have liquidation prices clustered in the $75-$76 range. Current market dynamics indicate that these positions remain only 1% to 4% away from being forcibly closed.

The specific addresses under observation include 0x37f2af56f635c108aa1324402c17ec0e9e3ee9af, 0x9f07dc88dc450978e5ddf973f6a0236a7cfbf99a, 0xa8cde6a19789e4d7964ce0e3da14aa29291d7275, and 0x7079b5814032c0b02425135f06f32a0084cdf2d2. This concentration of leverage suggests heightened volatility risk for bearish traders as HYPE tests higher valuation bands.