Trader loracle.hl has lost more than $70 million over the past three months trading HYPE on Hyperliquid, according to blockchain monitor Lookonchain. The trader now holds a short of 685,744 HYPE valued at about $54.88 million, with liquidation marked if the token reaches $101.15. Earlier tracking had put cumulative losses above $60 million after a $46 million June short loss, a $2.33 million long loss, and further unrealized short losses, underscoring repeated pressure on the large leveraged short as HYPE climbed.