đ Once the strongest bullish whale of $HYPE , Loracle is now down over 20 million USD
Latest data shows that the famous trader Loracle, once regarded as one of the biggest HYPE buyers in the market, is currently facing a massive loss on leveraged short positions.
đ Portfolio Overview:
⢠Current total assets: around 75.9 million USD
⢠Total floating loss across the portfolio: approximately 20 million USD+
⢠Overall position ROI: about -112%
đĽ Current highest pressure position:
⢠Short 1.81 million HYPE with 5x leverage
⢠Position size: around 103 million USD
⢠Current floating loss: nearly 21 million USD
đ Besides HYPE, Loracle has opened several other short positions:
⢠Short BTC 10x is currently up about 866,000 USD
⢠Some other positions like $VVV are also showing slight profits
⢠However, these gains are almost not enough to offset the massive drawdown from HYPE
â ď¸ Notably, Loracle was once one of the strongest bullish whales with HYPE, but has now completely flipped to a massive short position. The recent surge in HYPE is putting significant liquidation pressure on this position.
đ This continues to prove the extremely high risk of leveraged trading in crypto â even for traders holding portfolios worth tens of millions of USD.
#HYPE #BTC $BTC
Latest data shows that the famous trader Loracle, once regarded as one of the biggest HYPE buyers in the market, is currently facing a massive loss on leveraged short positions.
đ Portfolio Overview:
⢠Current total assets: around 75.9 million USD
⢠Total floating loss across the portfolio: approximately 20 million USD+
⢠Overall position ROI: about -112%
đĽ Current highest pressure position:
⢠Short 1.81 million HYPE with 5x leverage
⢠Position size: around 103 million USD
⢠Current floating loss: nearly 21 million USD
đ Besides HYPE, Loracle has opened several other short positions:
⢠Short BTC 10x is currently up about 866,000 USD
⢠Some other positions like $VVV are also showing slight profits
⢠However, these gains are almost not enough to offset the massive drawdown from HYPE
â ď¸ Notably, Loracle was once one of the strongest bullish whales with HYPE, but has now completely flipped to a massive short position. The recent surge in HYPE is putting significant liquidation pressure on this position.
đ This continues to prove the extremely high risk of leveraged trading in crypto â even for traders holding portfolios worth tens of millions of USD.
#HYPE #BTC $BTC