Short position cut for 30 million dollars, then turn around to chase long ZEC TON. This move makes my scalp tingle.

ZEC13.83%
TON-4.09%
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BlockBeatNews
Loracle reduces its short position on HYPE by another $16 million and increases long positions on ZEC, TON, and ASTER.
BlockBeats News, May 31, according to HyperInsight monitoring, Loracle has reduced its position by another $16 million in HYPE short positions, remaining with 1.3M HYPE tokens (worth approximately $89 million), with an unrealized loss exceeding $30 million.

On the other hand, Loracle has increased its long positions in ZEC, TON, and ASTER, and the positions are still growing.
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