ChainCatcher report, according to Onchain Lens monitoring, the whale Loracle (@loraclexyz) has deposited 6.1667 million HYPE ($36 million) into HyperLiquid and begun selling, leaving only 780,000 HYPE remaining to be sold. Its 5x HYPE short position has incurred an unrealized loss of $23 million, with a liquidation price of $83.34.
Whale Loracle deposits 616,670 HYPE into HyperLiquid; short position loses $23M
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Summary
Whale Loracle has deployed 616,670 HYPE ($36 million) into HyperLiquid, initiating a position trading strategy with a 5x short. Floating losses have now reached $23 million, with only 78,000 HYPE remaining in the account. The position size appears aggressive, as the liquidation price is at $83.34. According to ChainCatcher, the whale is actively selling, signaling a high-risk approach to position trading.
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