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Loracle: Closes BTC Shorts, HYPE Position Persists | Flash News Detail | Blockchain.News
Latest Update
5/31/2026 1:10:00 AM

Loracle: Closes BTC Shorts, HYPE Position Persists

Loracle: Closes BTC Shorts, HYPE Position Persists

Loracle closed BTC, LIT, TON, VVV shorts; 1.518M HYPE (~$105M) remains with $36M+ losses while new ZEC and TON longs open.

Source

Analysis

Loracle exited BTC, LIT, TON and VVV shorts while trimming its HYPE short by 1.518M tokens worth roughly $105M and booking over $36M in losses. Fresh 10x ZEC and 5x TON longs plus an ASTER position show the wallet is rotating exposure rather than stepping away. On the 4h chart HYPE trades at $69.5 inside its Bollinger band with upper resistance at $71.6; the EMA50 at $61.19 and EMA200 at $51.56 continue to act as layered support beneath a bullish MACD golden cross of 2.28, while RSI at 68.85 leaves room before overbought territory, suggesting any near-term pullback would likely find bids at the 50-EMA before continuation. HYPE price prediction models now hinge on whether this whale rotation sustains the move above $71.6 or forces a retest of the lower band at $54.77.


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