The whale Loracle doubles down on a HYPE long position after a $46 million loss, while also going 10x long on NEAR.

BlockBeats News, June 3rd, According to OnchainLens monitoring, after suffering a short position loss of over $46 million, whale Loracle has reestablished a $5.7 million, 2x leveraged long position of 82,195 HYPE tokens. Additionally, Loracle has opened a 10x leveraged long position on NEAR and continues to accumulate.

On the other hand, whale address "0x97f" has opened a $18.77 million, 10x leveraged short position of 270,000 HYPE tokens, with current unrealized gains exceeding $1 million.