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Loracle Opens $5.7M HYPE Long Position After $46M Short Loss, While Whale "0x97f" Takes Opposite Bet

Derivatives Data

2026-06-02 23:53:57

HYPE-8.65%

Gate News message, Loracle (@loraclexyz) has opened a new long position of 82,195 HYPE tokens with 2x leverage, valued at $5.7 million, following a loss exceeding $46 million on a short position. Loracle has also initiated a 10x leveraged long position in NEAR and continues to increase holdings. Meanwhile, whale "0x97f" has taken a contrasting position by opening a 270,000 HYPE short position with 10x leverage.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Loracle Closes $HYPE Short Position with $46M Loss, Maintains Multiple Crypto Long Positions

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