Odaily Planet Daily reports, according to HypurrScan data, HYPE’s largest short seller, Loracle, currently holds 1.81 million HYPE short positions, with a position value of approximately $116 million. Loracle’s average entry price was $45.37, with a liquidation price of $89.11, resulting in an unrealized loss of $34.6 million.
The largest short seller of HYPE, Loracle, holds a position of $116 million with a floating loss of $34.6 million.
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Summary
Loracle holds the largest short position in HYPE, with 1.16 million tokens valued at $116 million. The trading strategy for this position shows an average entry price of $45.37 and a liquidation price of $89.11. At HYPE’s current price, the position is facing a $34.6 million floating loss. Proper position sizing is essential for managing such high-risk exposure.
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