A prominent crypto address known for its bearish stance has made strategic adjustments to its short positions in HYPE and PUMP tokens. The address partially took profits on its HYPE short position by reducing 4,599.65 positions, valued at approximately $114,200. Despite this reduction, the total value of its HYPE short positions remains substantial at $7.9272 million, with a floating profit of about $1.1503 million. Simultaneously, the address cut losses on its PUMP short position by offloading 39.31 million PUMP tokens, worth around $102,600. Following this move, the total value of its PUMP short position stands at $5.15 million, with a floating loss of approximately $103,900.