CRCL Bull Turns Bear: First Short Position Worth $14.95M Now Down $120K

August 26 news, according to on-chain analyst Ai Yi's monitoring, CRCL's staunch bull mtaavebank.eth has opened its first short position on CRCL, becoming the largest position on Hyperliquid CRCL. Early this morning, it initiated an 8x short, holding 162,593.75 tokens (approximately $14.95 million), with an entry price of $91.241, currently showing an unrealized loss of $121,000. Previously, its 11 long positions on CRCL had accumulated profits exceeding $981,000.