Whale Loracle increased its 5x short position on HYPE to 1.82 million tokens, incurring unrealized losses exceeding $26.5 million.
According to on-chain analyst Onchain Lens (@OnchainLens), as HYPE hits a new all-time high, Loracle (@loraclexyz) has increased its 5x leveraged short position in HYPE to 1.82 million HYPE tokens—valued at approximately $109.5 million—resulting in a floating loss exceeding $26.5 million.