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HYPE Hits ATH, Loracle Faces $19.55M Unrealized Loss on $56.39M Short

Source: X Community

HYPE token reached a new all-time high, causing Loracle’s short position of $56.39 million to incur an unrealized loss of $19.55 million, with cumulative losses now totaling $35.31 million. This highlights the volatility in the crypto market as traders face significant risks.

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