HYPE: Trader Loses $35M on Short at New ATH

HYPE crossed $82 to print a fresh all-time high while Loracle's 685.745K HYPE short (~$56.39M) sits on a $19.55M unrealized loss, pushing lifetime PnL to -$35.31M with liquidation at $101.16.

Price action on the 4h chart shows HYPE trading inside the Bollinger Bands near upper resistance at $84.52 while RSI(14) at 74.14 signals overbought conditions and MACD confirms the bullish golden cross; with the 50-EMA support anchored at $65.64, a measured retracement toward that level looks probable before any extension higher.