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$HYPE is no longer just “pumping.”
this is turning into a full-scale liquidation war between whales and short sellers. 🚨
one of the biggest examples right now is trader “loracle.hl” (@loraclexyz), who is fighting to survive a massive short position on Hyperliquid.
Here’s what happened:
• he deposited 616,675 $HYPE (~$36.76M) onto Hyperliquid
• then sold most of those tokens immediately
• why? To raise liquidity and defend his gigantic short position from getting liquidated
after the selling:
only ~53.3K $HYPE ($3.06M) remained
but he STILL holds a 1.8M $HYPE short worth over $103M
unrealized losses reportedly remain around $22M
liquidation price now sits near $83.33
and here’s the twist most people are missing:
he also reportedly holds 626,289 $aHYPE (~$40M).
meaning: this is not a simple “bearish trader.”
It looks more like a complex hedged whale strategy involving:
spot exposure
synthetic exposure
leveraged short positioning
#HYPEShortSqueeze