Loracle’s 3x HYPE short earns over $550,000 in funding, while unrealized loss reaches $2.97 million

Loracle’s 3x HYPE short earns over $550,000 in funding, while unrealized loss reaches $2.97 million

N
News Editor
2026-09-27 10:05:15
Trader Loracle is currently holding a 3x leveraged short position on 104,600 HYPE, according to monitoring data from TradingBeats cited by BlockBeats on Sept. 27. The position has generated more than $550,000 in funding fee income, but it remains deeply underwater with an unrealized loss of $2.97 million. The data shows the short was opened at $64.70, with a liquidation price of $123.63. The total value of the position stands at $9.74 million. Separately, Loracle’s overall on-chain unrealized loss has narrowed to $9.82 million. The update provides a snapshot of the trader’s current exposure in HYPE and the funding collected on the position, alongside the latest mark-to-market loss and liquidation threshold.

Trader Loracle is currently holding a 3x leveraged short position on 104,600 HYPE, according to TradingBeats monitoring data cited by BlockBeats on Sept. 27.

The position has earned more than $550,000 in funding fee income, while showing an unrealized loss of $2.97 million. The short was opened at $64.70 and has a liquidation price of $123.63. Its total position value stands at $9.74 million.

TradingBeats data also shows that Loracle’s overall on-chain unrealized loss has narrowed to $9.82 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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