Loracle's short position is holding on pretty tightly, still struggling at -78%. Are the whales on HyperLiquid also starting to doubt their life choices?

Bitjie News reports that well-known trader Loracle has reduced his HYPE short position by 10,996.55 tokens in the HyperLiquid ecosystem, approximately worth $849,626.89. The current position size is $2,636,261.76, with an average price of $45.51. His current profit and loss is -$1,035,341.09, with a loss ratio of -78.55%. The current HYPE token price is $74.94, and the liquidation price is $1,196.01.