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

According to Onchain Lens and HypurrScan, Loracle’s $141 million short portfolio includes a 1.81 million HYPE position worth about $116 million, while a 3x VVV short remains the wallet’s only profitable trade.

BTC
TON
HYPE

Summary

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.

Terms & Concepts
  • Short position: A trading strategy that seeks to profit from a decline in an asset’s price.
  • Liquidation: The forced closing of a leveraged position when losses become too large and margin requirements are no longer met.
  • 3x leverage: Borrowed exposure that magnifies a trade’s gains and losses to three times the underlying price move.