95.3 million in position size, -32 million floating loss, this position management makes my palms sweat, HyperLiquid's liquidation mechanism is about to be tested

HYPE1.05%
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CoinNetwork
Crypto World News reports that well-known trader Loracle reduced his short position in HYPE by 34,349.31 tokens within the HyperLiquid ecosystem, approximately worth $2,148,178.32.
The current position size is $93,544,900.81, with an average price of $45.51, and a current profit and loss of -$31,990,433.46, with a loss ratio of -170.99%.
The current HYPE token price is $69.16, and the liquidation price is $99.93.
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