HYPE Whale Loracle.hl Offloads $22M in Tokens, Builds $32M Leveraged Short

On-chain analyst Onchain Lens (@OnchainLens) reported that HYPE whale Loracle.hl (@loraclexyz) received 556,825 $HYPE, worth about $22 million, and began selling shortly after. At the same time, the wallet expanded its 5x leveraged short in $HYPE, taking the total short exposure to more than $32 million.