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

Whale Loracle Closes Ethereum Short, Losses $948K; Remaining Portfolio Down $491K
N
News EditorHyperbot data shows that Loracle, a whale wallet, has closed its Ethereum short position in full. The position involved 15,335.3656 ETH and resulted in a loss of about $948,000. After that exit, the wallet still holds short positions in HYPE, KAITO and XMR. The overall portfolio is currently sitting on an unrealized loss of approximately $491,000, with a return on investment of -3.18%. The HYPE short is 2x leveraged and holds 563,096.99 HYPE; it is down roughly $775,000. The KAITO short is 5x leveraged and holds 701,405 KAITO; it is in profit by around $303,000. The XMR short is 5x leveraged and holds 579.340 XMR; it is down about $19,000. All numbers were sourced from Hyperbot, and the update was reported by Odaily. The report does not disclose the specific prices at which the ETH short was opened and closed, nor does it provide further details about Loracle's broader strategy.
According to Hyperbot, whale wallet Loracle has closed its full Ethereum short of 15,335.3656 ETH, booking a loss of about $948,000. Loracle continues to hold shorts in HYPE, KAITO and XMR, with total unrealized losses of roughly $491,000 and an ROI of -3.18%. The remaining positions: a 2x leveraged HYPE short of 563,096.99 HYPE (down about $775,000), a 5x leveraged KAITO short of 701,405 KAITO (up about $303,000), and a 5x leveraged XMR short of 579.340 XMR (down about $19,000). Odaily reported the data, which comes from Hyperbot. Entry and exit prices for the ETH short were not disclosed.
830
Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
