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Loracle HYPE 5x Short Position Loss Exceeds $29 Million, Likely Beginning to Realize Losses

2026-05-29 00:53

Odaily reported that according to Onchain Lens monitoring, Loracle (@loraclexyz, 0x8def...2dae) appears to have begun acknowledging losses on its HYPE 5x short position, with the loss exceeding $29 million.