Trader hl Partially Closes $HYPE Short, Adds Positions in $ASTER, $ZEC, and $TON
@lookonchain reported that loracle.hl reduced a large short on $HYPE and added long exposure to $ASTER, $ZEC, and $TON after earlier losses.
bbc.co.ukHl closed part of a short position in the token $HYPE and began adding long positions in $ASTER, $ZEC, and $TON, according to data tracked by @lookonchain. 1 million. hl lost more than $35 million after shorting over $110 million worth of $HYPE.
The same short erased all prior gains from perpetual futures trading, wiping out more than $42 million in accumulated profit. 2 million to a net loss of $829,000. The reported trades occurred on or before May 31, 2026.
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