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HYPE: Loracle Opens $5.7M Long After $46M Short Loss | Flash News Detail | Blockchain.News
Latest Update
6/2/2026 11:53:00 PM

HYPE: Loracle Opens $5.7M Long After $46M Short Loss

HYPE: Loracle Opens $5.7M Long After $46M Short Loss

HYPE at $69.78 sees Loracle enter 82,195 long post $46M loss while 0x97f shorts $18.77M with $1M profit amid HYPE price prediction shifts.

Source

Analysis

Loracle flipped after a $46M short loss by opening an 82,195 HYPE long at 2x leverage worth $5.7M plus a 10x NEAR long that keeps growing, while whale 0x97f countered with a 270,000 HYPE short at 10x leverage valued at $18.77M that already shows over $1M floating profit.

Price action at $69.78 sits above the EMA50 support at $66.51 and well clear of the EMA200 at $54.8, locking in the bullish trend structure even as the MACD death cross at 1.58 flashes near-term caution and RSI at 50.85 stays neutral inside the Bollinger bands whose upper resistance sits at $75.54.

These opposing leveraged bets arrive exactly when traders refresh HYPE price prediction models and scan for crypto market crash signals, with the 4-hour chart showing price testing volatility exhaustion zones that often precede sharp moves in either direction.


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