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HYPE Whales in a Long-Short Standoff: Two Major Positions Counter Each Other, Over $60 Million Game Enters a Critical Phase

2026-05-19 01:55

According to Odaily, on-chain analyst Ai Yi reported a massive long-short standoff in HYPE. The top 1 and top 2 whale positions are pitted against each other, with a total size exceeding $60 million, as the market enters a critical phase of the game. Details are as follows:

The entity behind 'Remains of Loracle' holds a 5x leverage short position of 1.44 million HYPE, worth approximately $68.43 million, with an entry price of around $42.55. It is currently facing an unrealized loss of about $7.004 million.

Meanwhile, address 0x082…dca88 holds a 5x leverage long position of 1.38 million HYPE, worth approximately $65.37 million, with an entry price of around $38.67. It is currently showing an unrealized profit of about $11.98 million.