Onchain Lens said Loracle, identified by wallet address 0x8def...92dae, has partially closed its HYPE short position and sold spot holdings, realizing a loss of $3.92 million. The address still holds a short position of 191,940 HYPE valued at $15.33 million, with an unrealized loss of $4.97 million. Over the past 30 days, the account has posted losses of $16.41 million, bringing its cumulative loss to $28.58 million. The update was reported by Odaily as part of its whale-tracking coverage.
Odaily reported, citing monitoring by Onchain Lens, that Loracle, identified by wallet address 0x8def...92dae, has partially closed its HYPE short position and sold spot holdings, realizing a loss of $3.92 million.
The address still holds a short position of 191,940 HYPE valued at $15.33 million. That position is currently showing an unrealized loss of $4.97 million.
Onchain Lens data also showed that the account has lost $16.41 million over the past 30 days, taking cumulative losses to $28.58 million.
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