CryptoWorld News reports that Hyperliquid early contributor Loracle recently increased their short position on CL by 5,796.64 units, approximately $615,819.32, bringing the total position to $6,531,123.89. The average price was adjusted from $101.29 to $101.49. Currently, this short position has a profit and loss of -$131,119.28, a decline of -25.78%. The current CL price is $103.57, and the liquidation price is $108.91.

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