The wallet that community users have identified as linked to Loracle reportedly unstaked an additional 894,000 HYPE worth about $55.4 million, reducing its staked HYPE balance to about 700,000. The provided update also says it continues selling spot holdings, leaving about 396,000 HYPE remaining, while maintaining a short position of about 1.83 million HYPE valued at roughly $113.5 million. According to the same details, the short exposure now covers about 92% of its spot holdings, indicating a significantly hedged or net bearish posture. This adds to earlier reported activity showing large HYPE unstaking and a sizeable short position tied by community users to Loracle.