HYPE Staking Wallet Linked to Loracle Amid $24 Million Short Loss

Community user CaramelCoffee has connected Loracle to a HYPE staking wallet containing 1.598 million HYPE, valued at nearly $100 million. According to NS3.AI, this connection is based on community analysis rather than direct fund transfers. CaramelCoffee noted that Loracle's short position on HYPE is experiencing an approximate $24 million floating loss.