Whale Loracle closed its short positions in BTC, TON, and other cryptocurrencies, while HYPE short positions suffered losses exceeding $36 million.

CoinFeed reported on May 31 that, according to Onchain Lens monitoring, whale Loracle has closed out its short positions in BTC, LIT, TON, and VVV. HYPE short positions are still being closed, with 1.518 million HYPE short positions remaining (approximately $105 million), resulting in a loss of over $36 million. New long positions were opened in ZEC (10x leverage), ASTER, and TON (5x leverage), and the open interest continues to increase.