HYPE has retreated from its all-time high, trimming part of the unrealized loss tied to LORACLE’s short position, according to on-chain tracker Onchain Lens. Odaily reported that the pullback helped LORACLE recover roughly $3 million. Even after that move, the HYPE short was still sitting on an unrealized loss of about $16 million at the time of the update. The report did not provide extra details on the size of the position, entry level, or liquidation conditions. The latest figure only reflects the change cited by Onchain Lens as HYPE moved off its peak. The update centers on one monitored whale-level position and the mark-to-market swing linked to HYPE’s price reversal from record levels.
Odaily reported, citing monitoring by Onchain Lens, that LORACLE has recovered roughly $3 million as HYPE pulled back from its all-time high.
The HYPE short position is still showing an unrealized loss of about $16 million.
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