According to CoinMeta, based on early monitoring of in, as the price of HYPE rose, a whale with a 3x leverage HYPE short position in Loracle was in a floating loss state. They have now begun to reduce their position by closing out positions, bringing it down to 595,000 HYPE, valued at approximately $50.14 million, with a floating loss of around $18 million, resulting in an investment return rate of -107.85%.