BlockBeats News, August 7th, according to OnchainLens monitoring, @loraclexyz continued to add to their HYPE short position. They added a short position of 8,730 HYPE at a price of approximately $55.71, with a total value of about $486,000.

The address currently holds a short position of approximately 546,700 HYPE, worth around $30.44 million. The average entry price is $52.90, with a current unrealized loss of about $1.52 million and a liquidation price of $82.28.

The address has been continuously adding to its short position recently, with a total loss of approximately $2.27 million in the past 7 days.