Loracle, the largest short seller of HYPE, is set to unlock 893,000 HYPE spot tokens valued at approximately $50.8 million within the next 7 hours. This marks the largest single unlock by Loracle to date. The trader's total staked position stands at around 2.009 million HYPE, worth about $120 million. In the past month, Loracle has already unlocked 1.115 million HYPE, equivalent to $63.51 million. On May 21, coinciding with HYPE's all-time high, Loracle sold 557,000 HYPE tokens for approximately $33.35 million.
Loracle to Unlock $50.8 Million in HYPE Tokens
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