Loracle HYPE 5x short position suffered losses exceeding 29 million dollars, suspected to have begun confirming the losses.
According to Odaily, Onchain Lens monitoring indicates that Loracle (@loraclexyz, 0x8def...2dae) appears to have begun confirming a loss on its 5x short position on HYPE, with the loss having exceeded 29 million US dollars.
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