Loracle is still stubbornly holding this short position even after taking a hit of -34 million dollars; the liquidation price is 97.86, the coin price is 69.66, and there’s still room before liquidation—but the mindset is probably already completely numb.

CryptoWorld news: A well-known trader, Loracle, reduced his HYPE short position by 63,870.96 in the HyperLiquid ecosystem, about $2,483,150.10. His position size was $100,029,206.03, with an average price of $45.51. His current profit and loss is -$34,681,310.56. The current coin price is $69.66, and the liquidation price is $97.86.