Onchain Lens said Loracle, identified by the address 0x8def...92dae, partially closed its HYPE short position and sold spot holdings, locking in a realized loss of $3.92 million. The wallet still holds a HYPE short position of 191,940 tokens valued at $15.33 million, with an unrealized loss of $4.97 million. Over the past 30 days, the address has lost $16.41 million, bringing its cumulative loss to $28.58 million. The figures point to another setback in Loracle’s HYPE trade, with both realized and unrealized losses remaining in focus.
Onchain Lens reported that Loracle, identified by the address 0x8def...92dae, partially closed its HYPE short position and sold spot holdings, realizing a loss of $3.92 million.
Loracle still holds a HYPE short position of 191,940 tokens valued at $15.33 million. That position is currently sitting on an unrealized loss of $4.97 million.
According to the same tracking data, the address has lost $16.41 million over the past 30 days, with cumulative losses reaching $28.58 million.
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