$HYPE Keep going long!

In the screenshot, that giant whale is going long with 5x leverage on 37,000 HYPE tokens, with an opening average price of $48.47. Its unrealized profit has already exceeded $520,000, for a return rate of 113%. This still isn’t the most critical part—Loracle, the largest short position, is currently showing an unrealized loss of more than $31.4 million, with a forced liquidation price of just $69.9. The whale’s unrealized gains have doubled and they still aren’t running, while the short position is trapped and stubbornly holding on—the direction is already obvious. I’ve directly gone heavy with an $800,000 long position near $62, waiting for that final candlestick to crush the camel!

1. The whale dares to slam in a $4.65 million margin at $48; even after doubling at $62, they don’t leave. This shows they’re not focused on just a few dozen points—they’re targeting the tenfold-level upside after the ETF approval lands. Across from them, Loracle’s short position of over $100 million is being slowly bled out. With a forced liquidation price of $69.9, once it’s touched, it will trigger a chain reaction of liquidations.
2. Grayscale has just submitted the third amended filing for the HYPE spot ETF. Bloomberg analysts have clearly stated that this is adjusted in response to SEC feedback, bringing the listing one big step closer. Once approved, the compliant capital channel on Nasdaq will officially open, and hundreds of billions of dollars in institutional allocations will rush in.
3. The protocol uses millions of dollars in daily trading fees to buy back and burn HYPE, and a16z’s millions of tokens have already been pledged and locked. The supply side is being drained, but buy pressure is getting stronger. The shorts have already run out of cards—what’s left is only getting crushed.

$800,000 fully locked in—waiting for Loracle’s $100 million short to liquidate, sending HYPE to new highs!

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