When the biological father starts leading the shorting of his own offspring…🧵

Just looked at the data, almost sprayed coffee on the screen.

HYPE early contributors + hypurrfun founder Loracle personally entered the market, increasing his short position by 80k HYPE tokens (about 2 million USD).

Current total short position:

· Position value: $2397 ten thousand
· Entry average price: $40.87
· Current unrealized profit: +369k USD (+7.71%)
· Liquidation price: $71.46

You say you're a top-tier figure, not calling out buy orders to pump the price, but instead raising the average from 40.79 to 40.87, as if afraid others won't realize you're dead set on bearishness.

· BTC: Long 318.7 coins, 20× leverage, unrealized loss -580k USD
· HYPE: Short 599k tokens, 5× leverage, unrealized profit +354.9k USD

Using a token that shorts its own ecosystem to hedge against BTC losses…
This scene is too beautiful, I dare not look.

To sum up in two sentences:

1. When founders / early contributors open large short positions, market confidence will go in what direction, I need not say more.
2. If even “insiders” think the price should fall below 40, then this “love and hate” drama has only just begun. $HYPE