-76% Still holding on, is this short position truly faith or just stubbornness?

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CoinNetwork
CryptoWorld News: Renowned trader Loracle has reduced his HYPE short position by 51,045.88 tokens within the HyperLiquid ecosystem, approximately worth $2.34M.
The current position size is $58,197,125.86, with an average price of $45.51, and a current profit and loss of -$22,145,261.13, representing a -76.10% loss.
The current token price is $73.46, with a liquidation price of $115.97.
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