Whale shorting HYPE suffers unrealized losses of nearly $20 million

According to Odaily, as monitored by Lookonchain, trader loracle.hl (@loraclexyz) currently holds a short position of 1.71 million HYPE, with a position value of approximately $95.79 million, and the current unrealized loss has approached $20 million.

Data shows that the trader is continuing to increase short positions, with the current liquidation price around $69.78.