On HyperLiquid, this guy’s HYPE short position is currently showing an unrealized loss of nearly $30 million, with a liquidation price at 101.4, the coin price at 68, and about 48% more room left—so is this real conviction, or just pure stubbornness?

HYPE-8.42%
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CoinNetwork
CryptoWorld News: Well-known trader Loracle has reduced his HYPE short position by 19,310.89 tokens in the HyperLiquid ecosystem, approximately $2,164,023.17.
The current position size is $89,052,632.35, with an average price of $45.51, and a current profit and loss of -$29,826,463.87, with a profit and loss ratio of -167.47%.
The current token price is $68.43, and the liquidation price is $101.40.
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