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

Odaily reports, as monitored by Onchain Lens, whale Loracle.hl (@loraclexyz) has further increased its 5x leveraged short position in 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 is approximately $8 million.