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「Trader Loracle」 Increases HYPE Short Position by 329,000 Tokens Intraday, Continues to DCA Above $58

1 hours ago

May 21st — Per tracking service Coinbob Popular Address Monitor, ahead of a recent surge that pushed HYPE’s price above $58, the top HYPE short seller known as “Trader Loracle” added roughly 61,000 short positions in the past hour. As of press time, sell orders for HYPE are still being placed above the $58 mark. Since last night, this wallet has accumulated more than 329,000 additional short contracts, valued at about $19.2 million total. Right now, this wallet holds 1.78 million HYPE tokens in a short position with 5x leverage. Even as HYPE’s price climbs, the position size has ballooned to $104 million; the average entry price has risen from $42.55 to $44.82, while the liquidation price sits at $69, leading to an unrealized loss of $24.2 million (or -116%). This short position was first opened on April 20, when HYPE traded around $41. Over the past week, the trader’s account has seen total withdrawals exceeding $25.8 million, cutting their remaining margin down to $9 million. Wallet address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.
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A certain whale longed 1.38 million HYPE tokens, with an unrealized gain of over $27.4 million, having previously experienced an unrealized loss of over $26 million.

On May 21, monitoring from Onchain Lens revealed that whale address "0x082" has maintained a 5x long position in HYPE since December 5, 2025. The address’s current unrealized profit exceeds $27.4 million, after once sitting on an unrealized loss of over $26 million. It now holds 1.38 million HYPE tokens, valued at roughly $81 million.

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