CryptoWorld News reports that well-known trader Loracle has reduced his HYPE short position by 55,397.58 tokens within the HyperLiquid ecosystem, approximately worth $2,301,353.54.


His total holdings amount to $77,603,437.01, with an average price of $45.51, and a current profit and loss of -$27,245,063.82 (-175.54%).
The current token price is $70.13, and the liquidation price is $107.92.
HYPE4.74%
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ForgotEverythingAfterMinting
· 2h ago
77M position size, how much margin does that require?
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NoMoreRugs
· 7h ago
The average price of the short position at 45.51, now at 70, this price difference makes me feel pain.
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GateUser-5d719aba
· 10h ago
The mindset collapsed after the reduction, started defending.
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GateUser-eccf92a1
· 10h ago
-27 million dollars in unrealized losses, I can't even keep up with my calculator
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CandleLibrarian
· 10h ago
Playing so big on HyperLiquid, can the liquidity handle it?
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QuantsAndCats
· 10h ago
A reduction of 2.3 million is just a drop in the bucket for a position of 77 million.
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CosmicGeneral
· 10h ago
Give it to him hard.
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Stop-LossIsLikeAConfession
· 10h ago
The liquidation price is 107, and if it rises another 50%, it's really gone.
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MintConditionHuman
· 10h ago
55k tokens sold, is this to cut losses or hedge?
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GateUser-e3701961
· 10h ago
Loracle is holding up this round of short positions pretty fiercely—still stubbornly hanging on at -175%.
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