Whale Loracle deposited 616,700 HYPE into HyperLiquid and began selling; its HYPE short position is now at a floating loss of $23 million.
According to on-chain analyst Onchain Lens (@OnchainLens), Loracle (@loraclexyz) has deposited 616,670 $HYPE tokens (approximately $36 million) into HyperLiquid and has begun selling them; only 78,000 $HYPE remain unsold. Its 5x-leveraged $HYPE short position is currently floating at a loss of $23 million, with a liquidation price of $83.34.
