Loracle Holds $116 Million HYPE Short Position as Unrealized Loss Reaches $34.6 Million

According to Onchain Lens and HypurrScan, Loracle is running a short-heavy portfolio with combined positions valued at about $141 million, including a 1.81 million HYPE short worth roughly $116 million. HypurrScan states the HYPE position has an average entry price of $45.37, a liquidation price of $89.11, and an unrealized loss of $34.6 million. Onchain Lens says Loracle also holds shorts in BTC, LIT, XYZ100, TSLA and a small TON position, while a 3x leveraged short in VVV is currently the wallet’s only profitable trade. Overall unrealized losses were reported above $30 million, indicating the broader portfolio remains under pressure despite gains on VVV.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.