Whale Loracle.hl Adds to Short Bet on HYPE, Unrealized Loss Totals $8M

On-chain data indicates that whale Loracle.hl has increased its 5x-leveraged short position on Hyperliquid, raising the total exposure to 1.44 million HYPE, valued at roughly $69.3 million.

With the position now larger, the liquidation level has shifted to $69.64. At the same time, the trade is currently showing an estimated floating loss of around $8 million.

Source: Onchain Lens