Loracle, formerly the biggest bull on the HYPE chain, has incurred floating losses of over $35 million on its short positions.
Svmuu News: According to Hyperbot data, as HYPE continues to hit new highs in the short term, the floating loss on the 5x leveraged HYPE short position held by Loracle, the largest HYPE long on the chain, has exceeded $35 million. Their position currently holds 1,751,559.03 HYPE, with a liquidation price of $91.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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