Loracle.hl Address Hits 5x Short Profit Target, Overall Profit Surges to $41.43 million

HYPE0%

BlockBeats News, May 16th, according to OnchainLens monitoring, as the HYPE price dropped, the 5x leveraged HYPE short position established by Loracle.hl (Loracle.xyz) has returned to a profitable state. The 5x leveraged CRBS short position is currently showing a floating profit of over $1.76 million.

Its total profit has now risen to $41.43 million.

Source: BlockBeats

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A certain whale has once again increased their short position by buying an additional 75,000 HYPE tokens, now holding a HYPE short position worth $16.02 million.

A whale went long 10x on 180,000 HYPE tokens, with a liquidation price of $32.8.

The whale loracle.hl increased its position by $5.4 million in the HYPE short, bringing its total holding to a $59.9 million HYPE short position.

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