Whale loracle.hl’s short position on HYPE has surpassed $104 million and continues to increase.
According to Coinbob’s popular address monitoring, after HYPE briefly surged and rose above $58, the largest short seller of HYPE—trader “Loracle”—reversed course and added more short positions within the past hour, accumulating approximately 61,000 additional short contracts. As of press time, this address continues to maintain sell orders above $58. Since last night, the address has accumulated over 329,000 short contracts, valued at roughly $19.2 million.
