HYPE short whale Loracle has paper losses exceeding $22 million, while another long whale has paper profits exceeding $46 million.

CoinFeed reported on June 1st that, according to Onchain Lens monitoring, HYPE hit a new all-time high, breaking through $72. Whale Loracle (@loraclexyz) has closed out more than 50% of its short HYPE positions, currently holding 843,232 HYPE tokens ($60.7 million) in short positions, with a floating loss exceeding $22 million. Meanwhile, whale "0x082" holds a 5x long HYPE position, with a floating profit exceeding $46 million.