Whale Dumps $36M of HYPE Tokens to Save $103M Short – Liquidation Looms!

-
Key Takeaways:
- Loracle sold 616,675 HYPE worth $36.76M on May 22 to defend a $103.7M short on Hyperliquid from liquidation.
- Bitwise’s HYPE ETF drew $58.73M since its May 12 launch, fueling sustained buying pressure on the token.
- Loracle’s $103M short faces forced liquidation at $69.90, roughly $12 above current HYPE levels.



