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Crypto界 News: The HYPE price retreated in the afternoon, briefly touching the $40 round-number level.
TOP 1 short trader “Loracle,” holding a 5x leveraged HYPE short, was subsequently freed from the position, with its current position size reaching $23.8 million. The average opening price is $40.871, and it is now the largest on-chain HYPE short address.
This address is one of the early contributors to the Hyperliquid ecosystem and is the founder of Hypurrfun.
Previously, during HYPE’s main upswing launched from $20, this address had been heavily long, once ranking as the second-largest on-chain HYPE long position. Now, on April 20, it reversed to open a short position.