Is this settlement price 288k? The shorts are very confident, but I'm also hesitating whether to follow or not.

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CoinNetwork
Crypto World News reports that well-known trader Loracle has increased his short position on BTC by 70.11 coins on the HyperLiquid platform, which is approximately $5.25M at the current price. His total position size has reached $23.35M, with the average price adjusted from $75,069.10 to $74,969.10. Currently, this short position has a profit and loss of +$90,753.38, with a profit and loss ratio of +7.77%. The current BTC price is $74,678.90, and the liquidation price is $288,919.51.
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