Data from Hyperbot shows that whale trader Loracle’s leveraged short position in HYPE has moved deeper into the red as the token’s price keeps rising. The position is a 3x leveraged short and currently holds 74,698.04 HYPE. At current levels, the position is valued at about $7.06 million. Unrealized losses have reached $3.029 million, while the reported return on investment stands at -128.73%. The update was reported by Odaily, citing Hyperbot data. No additional details on entry price or liquidation level were disclosed in the brief.
Odaily reported that Hyperbot data shows whale trader Loracle’s 3x leveraged short on HYPE has posted larger unrealized losses as HYPE continues to climb.
The position currently holds 74,698.04 HYPE and is valued at about $7.06 million. Unrealized losses stand at $3.029 million, with return on investment at -128.73%.
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