Loracle cuts HYPE short position to $21 million as unrealized loss reaches $7.45 million

Loracle cuts HYPE short position to $21 million as unrealized loss reaches $7.45 million

N
News Editor
2026-09-11 15:41:45
On-chain data cited by ChainCatcher shows that Loracle has been trimming its short position in HYPE, leaving a remaining position valued at $21 million, down from a previous peak of $37 million. Based on current pricing, the remaining HYPE short is showing an unrealized loss of $7.45 million, with an entry price of $53.97 and a current price of $83.18. Loracle’s main short positions are now carrying a combined net unrealized loss of about $9.54 million. The disclosed positions include a $26.05 million short in SNDK, which is down $2.51 million, and a $10.27 million short in MU, which is down $1.15 million. Other positions are in profit: a $18.73 million short in Nvidia is up $460,000, a $18.24 million short in PONS is up $220,000, a $6.78 million short in CASHCAT is up $750,000, and a $3.84 million short in PLTR is up $150,000. The figures reflect position values, entry prices, current prices, and unrealized profit or loss at the time of the data snapshot.

ChainCatcher reported that on-chain data shows Loracle has continued to reduce its HYPE short position, leaving a remaining position valued at $21 million. The HYPE short had previously reached a peak value of $37 million.

At current prices, the remaining HYPE short is showing an unrealized loss of $7.45 million. The entry price was $53.97, while the current price stands at $83.18.

Loracle’s main short positions are carrying a combined net unrealized loss of about $9.54 million. The disclosed positions include:

  • A $26.05 million short in SNDK, opened at $1485.67 and now priced at $1644, for an unrealized loss of $2.51 million;
  • A $18.73 million short in Nvidia, opened at $225.70 and now priced at $220.29, for an unrealized gain of $460,000;
  • A $18.24 million short in PONS, opened at $0.67 and now priced at $0.66, for an unrealized gain of $220,000;
  • A $10.27 million short in MU, opened at $870.69 and now priced at $980.80, for an unrealized loss of $1.15 million;
  • A $6.78 million short in CASHCAT, opened at $0.21 and now priced at $0.19, for an unrealized gain of $750,000;
  • A $3.84 million short in PLTR, opened at $173.54 and now priced at $166.84, for an unrealized gain of $150,000.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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