Onchain data tracker OnchainLens said on Aug. 7 that @loraclexyz increased its short bet on HYPE again, adding a new short position of 8,730 HYPE at roughly $55.71 each. The added position was valued at about $486,000.
After the latest move, the address now holds a HYPE short position of about 546,700 tokens, with a total notional value of roughly $30.44 million. The average entry price for the position stands at $52.90, while the unrealized loss is currently around $1.52 million.
OnchainLens also noted that the liquidation price for the position is $82.28. The address has been increasing its short exposure in recent days, and its cumulative loss over the past seven days has reached about $2.27 million.
Whale address @loraclexyz has added to its HYPE short again, according to OnchainLens on Aug. 7, opening a new short on 8,730 HYPE at about $55.71. The added position was worth roughly $486,000.
The address now holds a short position of about 546,700 HYPE, valued at around $30.44 million. Its average entry price is $52.90, with an unrealized loss of about $1.52 million. The liquidation price stands at $82.28.
OnchainLens said the address has continued to increase its short exposure recently. Over the past seven days, the account has posted cumulative losses of about $2.27 million.
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