Người bán khống lớn nhất của HYPE, Loracle, giảm vị thế bán khống xuống còn 60 triệu USD, trong khi thị trường theo dõi các chuyển động spot trị giá 59 triệu USD của họ.

The Huoxing Finance report states that on June 1, according to Hyperinsight monitoring, the largest short position holder of HYPE, trader Loracle, has been reducing their short position for over 36 hours, decreasing from $108 million to $60 million, with an unrealized loss of $22.5 million on the remaining open short position. Additionally, the 893,000 HYPE spot tokens they unlocked have not moved after being transferred to their HyperEVM address, valued at approximately $59 million. Previously, within the past month, this whale had already unlocked HYPE twice, totaling 1.115 million HYPE, worth approximately $63.51 million. On-chain records clearly show that on May 21, they sold 557,000 HYPE, valued at around $33.35 million. The market generally expects Loracle to sell the newly unlocked 893,000 HYPE spot tokens. Furthermore, this selling may coincide with further reduction of their short position, as if the spot tokens are sold without simultaneously closing the short position, their $104 million HYPE short exposure would become a naked short. In the event of a short squeeze leading to liquidation, potential losses could exceed $100 million—enough to wipe out all their spot gains.