HyperLiquid has this position at nearly $100 million now. The liquidation line is 98.5, and it’s currently at 69. Loracle—this is dancing on the edge of a knife.

CryptoWorld News reports that the well-known trader Loracle reduced his HYPE short position by 28,343.46 units within the HyperLiquid ecosystem, approximately worth 2,095,513.87 US dollars. The current position size is 97,933,692.15 US dollars, with an average price of 45.51 US dollars. His current profit and loss is -33,875,689.40 US dollars, with a profit and loss ratio of -172.95%. The current coin price is 69.58 US dollars, and the liquidation price is 98.57 US dollars.