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The $2.05 million short position can be cut instantly—so what about the remaining $100 million, continuing to gamble? Loracle’s liquidation line is $91; if HYPE pushes up another 50%, people will be wiped out.
The current position size is $106,520,205.61, with an average price of $45.37, and a current profit and loss of -$27,692,660.45 (-129.99%).
The current token price is $61.31, and the liquidation price is $91.43.