LORACLE IS STANDING BEFORE THE LIQUIDATION ZONE $HYPE
Loracle has suffered a loss of more than $70M after continuously betting against the trend $HYPE over the past 3 months. Currently, this man's short position is still around 685,744 $HYPE , worth nearly $54.9M.
A notable price level is at $101.15. If HYPE reaches this area, the current short position faces the risk of liquidation, creating additional buy pressure from traders who are forced to close. This could become a catalyst for a short squeeze if the upward momentum continues.
This post is for informational purposes only and does not constitute financial advice.
Loracle has suffered a loss of more than $70M after continuously betting against the trend $HYPE over the past 3 months. Currently, this man's short position is still around 685,744 $HYPE , worth nearly $54.9M.
A notable price level is at $101.15. If HYPE reaches this area, the current short position faces the risk of liquidation, creating additional buy pressure from traders who are forced to close. This could become a catalyst for a short squeeze if the upward momentum continues.
This post is for informational purposes only and does not constitute financial advice.
