Whale Loracle.hl increases short position on 5x leveraged HYPE to 1.44 million, facing unrealized loss of approximately $8 million

According to Onchain Lens, whale Loracle.hl (@loraclexyz) has further increased its 5x leveraged short position on HYPE to 1.44 million coins, with a position value of $69.3 million and a liquidation price of $69.64. The current unrealized loss stands at approximately $8 million.