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๐จ Loracle Closes Multiple Shorts, But $HYPE Bleeds On ๐จ
Loracle (@loraclexyz) has fully unwound his short positions on $BTC, $LIT, $TON, and $VVV. The battle is over on those fronts. ๐
However, the $HYPE short remains a bloody open wound. โ๏ธ The position is still being closed, with a massive 1.518M $HYPE (~$105M) still on the books. The realized loss? A staggering $36M+ and climbing. ๐
Meanwhile, fresh capital is rotating into new longs. ๐ข Loracle has opened aggressive 10x leverage on $ZEC, and 5x positions on $ASTER and $TON. The risk appetite is clearly shifting.
Key Takeaway: This is a classic pivot. The trader is cutting losses on a major losing bet ($HYPE) while deploying fresh capital into new, high-conviction longs. The market is watching closely to see if this new wave of leverage pays off or gets swept away. ๐
Stay sharp. Manage your risk. ๐ง
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HYPE/USDTHYPE
$73.48+7.02%