Whale trader Loracle trims HYPE short as remaining position shows a $7.45 million unrealized loss

News Editor

2026-09-11 15:36:57

TradingBeats data shows whale trader Loracle has continued reducing a short position in HYPE, with the remaining position now valued at $21 million, down from a previous $37 million. The remaining HYPE short is showing an unrealized loss of $7.45 million based on an entry price of $53.97 and a current price of $83.18. Across Loracle’s main short positions, total net unrealized loss stands at about $9.54 million. The largest disclosed short is SNDK at $26.05 million, carrying a $2.51 million unrealized loss. Other positions include NVDA, PONS, MU, CASHCAT, and PLTR, with some currently in profit and others in loss. NVDA shows an unrealized gain of $460,000, PONS is up $220,000, CASHCAT is up $750,000, and PLTR is up $150,000, while MU is down $1.15 million.

BlockBeats reported on Sept. 11, citing TradingBeats monitoring data, that whale trader Loracle has continued to reduce a short position in HYPE.

The HYPE short had previously reached $37 million. The remaining position is now valued at $21 million. Based on an entry price of $53.97 and a current price of $83.18, the open position is showing an unrealized loss of $7.45 million.

Loracle’s main short positions

Loracle’s major disclosed short positions are currently carrying a combined net unrealized loss of about $9.54 million. The positions listed by TradingBeats are as follows:

SNDK short worth $26.05 million, entry price $1,485.67, current price $1,644.00, unrealized loss of $2.51 million;
NVDA short worth $18.73 million, entry price $225.70, current price $220.29, unrealized gain of $460,000;
PONS short worth $18.24 million, entry price $0.67, current price $0.66, unrealized gain of $220,000;
MU short worth $10.27 million, entry price $870.69, current price $980.80, unrealized loss of $1.15 million;
CASHCAT short worth $6.78 million, entry price $0.21, current price $0.19, unrealized gain of $750,000;
PLTR short worth $3.84 million, entry price $173.54, current price $166.84, 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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