According to Onchain Lens, as HYPE surged past $63 to a new high, whale "0x082"'s 5x leveraged long position on HYPE now shows an unrealized profit of over $33.3 million, while Loracle's 5x leveraged short position has incurred an unrealized loss of over $31.4 million.
Loracle's 5x Leverage HYPE Short Position Suffers Over $31.4M in Losses
TechFlowShare
Summary
Position trading on HYPE experienced sharp fluctuations as the token surged past $63 to a new high. Whale '0x082' gained over $33.3 million from a 5x leveraged long position. However, Loracle’s 5x short position incurred a floating loss exceeding $31.4 million. Position sizing played a key role in the divergent outcomes.
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