Whale Loracle reduces HYPE short position, with a floating loss of $18 million

On chain data monitoring shows that with the rise of HYPE prices, Whale Loracle's 3x leverage HYPE short orders are in a floating loss state. Currently, it has started to level short and reduce positions, reducing its position to 595000 HYPE, valued at approximately $50.14 million, with a floating loss of approximately $18 million and an investment return rate of -107.85%.