Loracle Faces $19.5M Position Loss on HYPE; Overall ROI Plummets to -112.56%

GateNews
HYPE-8.78%
BTC-3.01%
According to Odaily, Loracle, previously the largest long trader of HYPE, now faces an overall position loss exceeding $19.5 million with an investment return of -112.56%. The majority of losses stem from a 5x leveraged HYPE short position holding 1.81 million HYPE tokens, generating $20.71 million in unrealized losses. This is partially offset by gains from a 10x leveraged BTC short position of 468.44 BTC, which has accrued $0.86 million in profits.
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