HuoXing Finance reports that on May 23, according to HyperInsight monitoring, the Bitcoin 20x short position of the on-chain whale loracle.hl (@loraclexyz) has turned profitable, with a position value of $20 million, opened at $75,029.5, generating an unrealized profit of approximately $170,000. Additionally, loracle.hl’s $100 million HYPE short position remains at a loss, opened at $45.2562, with an unrealized loss of $18.6 million.
WhaleLoracle's 20x BTC Short Becomes Profitable; HYPE Short Still Down $18.6M
MarsBitShare
Summary
Whale trading activity on May 23, 2026, delivered mixed results for loracle.hl. The whale’s 20x BTC short, opened at $75,029.50, became profitable with a $170,000 gain on a $20 million position. Meanwhile, a $10 million HYPE short, opened at $45.2562, remains underwater by $18.6 million. Position trading strategies continue to attract attention as market volatility persists.
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