Wu said that, according to Lookonchain monitoring, trader loracle suffered losses of over 35 million USD due to shorting HYPE, and within less than 20 days, he gave back the 42.2 million USD profit previously earned from contract trading, currently in a net loss position. The trader has now closed part of the HYPE short positions but still holds a short position worth approximately 103.1 million USD in HYPE. Additionally, he is increasing long positions in ASTER, ZEC, and TON.

HYPE2.54%
ASTER0.96%
ZEC3.41%
TON6.05%
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GateUser-16838403
· 6h ago
Still adding to your long positions in ASTER and TON? Are you betting on a rebound or holding on tight to the end?
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PerpNightshift
· 13h ago
From +42.2 million to net loss, this curve is more exciting than a meme coin.
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AirdropOnTheDune
· 13h ago
loracle, this name sounds like a prophet, but it turned out to be a negative example itself, with 22 days of profit wiped out.
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WhitepaperByTheRoadside
· 13h ago
Shorting trending coins is really a high-risk move, especially with narrative-driven ones like HYPE.
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OrigamiVolcano
· 13h ago
ZEC has been around for many years and is still being played, is it the old veteran's obsession?
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GateUser-9187acf1
· 13h ago
Is the current short position closing part a sign of backing down or a tactical retreat? Waiting to see what happens next.
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GlowingHotAirBalloon
· 13h ago
Shorting HYPE cost 35 million yuan—this lesson was painfully costly; leverage is truly a double-edged sword.
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