Crypto World News reports that well-known trader Loracle's HYPE short position is experiencing increasing unrealized losses, currently totaling $24,736,961.01, with a loss ratio of 116.32%. The average entry price for this short is $45.26, the current coin price is $58.98, the liquidation price is $83.35, and the position size is $106,329,173.87.

HYPE1.52%
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BudgetValidator
· 1h ago
If this deal blows up, the crypto world will have another legend.
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GateUser-5f4bad9c
· 3h ago
Did you open a short position at 45 and now it's at 58? Didn't you set a stop-loss in between?
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BribeCoffee
· 4h ago
Still able to calmly post on Twitter despite a floating loss of over 20 million, this must be a big shot.
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