Loracle has already lost, just not closed the position yet

He sold BTC, sold ETH, and even sold his own faith.

Just to hold on for another 24 hours.

Early this morning, the man holding a billion-dollar HYPE short position — Loracle — was exposed to start closing his other short positions. BTC shorts, ETH shorts, all cut off, converted to USDC, and added to HYPE’s margin.

Have you ever seen a gambler move chips from the neighboring table to avoid liquidation?

This is the scene.

And on the other side, a new whale has settled steadily at $68.09.

3.12 million USD, 45,887 HYPE tokens.

After buying, only 1.81 USD away from Loracle’s liquidation price of 69.90.

1.81 USD.

The distance of a three-minute walk.

The lifeline of a billion-dollar short position in his hands.

Now, to say something harsh:

Loracle is not “gambling,” he is delaying death.

On May 22, he already sold a wave of HYPE spot (616,675 tokens, cashing out 36.76 million dollars) to cover margin.

That was his first self-rescue.

Early this morning, he started selling other positions. That’s the second.

What will be the third? Selling the house? Borrowing money? Or asking the project team for help?

A short position reaching this point is technically already lost.

He’s just waiting for a price — 69.90.

Because as long as HYPE doesn’t touch 69.90, he can stay alive.

But as soon as it hits, the system will buy back 100 million HYPE tokens for him.

That’s not a matter of willingness.

It’s the code that makes the decision.

So here’s the question:

Will the price actually hit 69.90?

On one side, Loracle is fighting desperately, even willing to close BTC to protect his HYPE short.

On the other side, a new whale is heavily accumulating at $68.09, betting on that very moment.

And there are two unnoticed undercurrents:

ICE CEO actively reaching out to the Hyperliquid team — a prelude to institutional entry.

Institutional ETF continues to see net inflows — money is flowing in, not out.

The bulls have stories; the bears only have margin.

Stories last longer than money.

Once the margin is burned out, it’s gone.

What should retail investors do now?

I know many will say “wait for 69.90 confirmation before chasing.”

But I ask you:

By the time you see 69.90, the price might have already jumped to 71, 72.

Will you chase or not?

If you chase, the whale might just be offloading.

If you don’t chase, watch it fly.

So the only truly smart options are two:

First (aggressive):

Place a small position around 68 now, with a stop loss at 66.5.

Bet that Loracle can’t hold on for three days.

Win, and ride the main upward wave of a short squeeze.

Lose, and exit with 2-3 points.

Second (conservative):

Do nothing.

Keep the 69.90 figure on the screen.

Wait for the first volume breakout above 70, then a pullback to 69 without breaking, and enter.

Although you won’t catch the bottom, you’ll catch the “second phase after confirmation.”

Safe, slow, but steady.

Never do the third:

Wait until it rises to 75 before asking “Can I still get on?”

“Forced liquidation isn’t a black swan; it’s money given to the bulls.

Most people don’t dare to pick it up, but those who do are already hidden.”

Loracle has already started selling his comrades’ positions.

There’s no clearer signal of surrender in this market.

69.90 isn’t a resistance level.

It’s a tombstone.

Are you already in around 68, or waiting for a breakout?

(My position is at 68.15, with a take-profit order at 73.5.)#成长值抽奖赢金条 #WTI原油失守90美元 $BTC $ETH $HYPE