Whale "loracle.hl" Turns Profit on 20x BTC Short; $100M HYPE Short Still Shows $18.6M Paper Loss

May 23 — HuoXing Finance, citing HyperInsight data, said on-chain whale loracle.hl (@loraclexyz) has moved into the black on its 20x leveraged Bitcoin short. The position is valued at $20 million and was opened at $75,029.5, with unrealized gains of about $170,000. The same address's $100 million short in HYPE remains underwater. That position was opened at $45.2562 and is currently showing an unrealized loss of $18.6 million.