BlockBeats News, May 30th, NBA superstar Thompson announced this morning on social media that he has opened a HYPE short position. This transaction is a short-term bearish operation rather than a long-term bearish view. He entered the 50x short position at a price of $66.95, with a stop-loss set near $68.

Tristan Thompson stated that he still holds a bullish view on the longer-term trend of HYPE. However, he anticipates a short-term pullback and has therefore chosen to engage in day trading or short-term short transactions.