A major whale, Loracle, just made some bold adjustments across altcoins:
1>> Reduced its short position on HYPE by $16 million
2>> Now holds 1.3 million HYPE (worth ~$89M) still sitting on a $30M+ paper loss
At the same time, it increased long positions in:
• ZEC
• TON
• ASTER
Total added exposure: ~$6.5 million
ZEC
531.15
+8.72%
ASTER
0.665
+5.38%
TON
1.711
-4.99%