LORACLE (@loraclexyz) continued to add to its HYPE short position, opening 8,730 additional HYPE shorts at about $55.71 each. According to Odaily, the wallet now holds 546,720 HYPE short positions with an entry price of $52.90 and an estimated unrealized loss of about $1.52 million.

The position has a liquidation price of $82.28, and the wallet’s losses over the past 7 days were about $2.27 million.