“NO REGRET” continues to hold firm on the $HYPE short despite mounting losses, turning this trade into one of the most closely watched positions in the market right now.

Fresh on-chain data shows loracle.hl has unstaked another 892,513 #HYPE , valued at roughly $55.9 million. Many traders believe this could signal additional selling ahead as pressure continues to build around the position.

Even after multiple rounds of unstaking and sales, loracle still holds a massive 1.75 million $HYPE short worth approximately $108.5 million. The challenge is that the position remains deeply underwater, currently showing an unrealized loss of around $28.77 million.

The market is now waiting for the next move. Will this be the beginning of a gradual exit, or is loracle preparing to double down and continue fighting the powerful momentum behind $HYPE ? Either way, all eyes are on what happens next.

HYPE
HYPEUSDT
69.23
+5.34%