The saying "one man's meat is another man's poison" holds true as the largest short position after the HYPE all-time high has expanded to a $25.9 million unrealized loss.

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BlockBeats News, May 21st, with the surge in HYPE, the long and short positions on-chain continue to experience a rollercoaster of emotions. As of the time of writing:

The largest HYPE short, loracle.hl, is currently at a unrealized loss of $25.9 million: He shorted 1.82 million HYPE tokens (worth $108 million) at $45.1, with the latest liquidation price at $68.8.

On the other hand, the largest HYPE long is now sitting on an unrealized gain of $28.64 million: He went long with 1.38 million HYPE tokens (worth $82 million) back in November at $38.6 and has been holding for 7 months.

Source: BlockBeats

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