HYPE's Largest Short loracle.hl Begins Liquidating Spot Holdings, Moves 557K HYPE to Hyperliquid

HYPE19.56%
According to Foresight News via on-chain monitoring by Yemo, the address loracle.hl—HYPE's largest short position holder—has shifted from hedging to active spot selling 20 minutes ago. The entity holds 2.1 million HYPE (approximately $127 million) and recently transferred 557,000 HYPE (approximately $33.35 million) from HyperEVM to Hyperliquid exchange for liquidation. The address retains approximately 1.667 million HYPE (approximately $105 million) on HyperEVM.
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