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Bitcoin.com 2026-06-01 10:30:37

A Trader Made $42 Million in 10 Months, Then a HYPE Short Wiped It out in 18 Days

A trader known onchain as ‘loracle.hl’ spent nearly 10 months building $42.2 million in profits on perpetual futures, only to lose all of it (and then some) after betting against Hyperliquid’s HYPE token. The position has now been mostly closed at a steep loss. A 10-Month Win Streak Undone in Under Three Weeks The collapse

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