On-chain tracking data flagged another large HYPE sale tied to the address Loracle. According to monitoring by Onchain Lens cited by BlockBeats on Sept. 13, the address sold spot HYPE worth $8.68 million over the past 24 hours. The sale resulted in an estimated realized loss of about $566,500.
The tracker also shared a broader view of the wallet’s recent performance. Data showed that Loracle has accumulated losses of $16.57 million over the past 30 days. On a historical basis, the address’s total cumulative loss has reached $28.64 million.
No additional transaction details, including execution prices or counterparties, were disclosed in the source update.
BlockBeats reported on Sept. 13, citing monitoring by Onchain Lens, that the address Loracle sold $8.68 million worth of HYPE spot tokens over the past 24 hours, realizing an estimated loss of about $566,500.
Data also showed that the address has posted cumulative losses of $16.57 million over the past 30 days. Its historical cumulative loss stands at $28.64 million.
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