Whale trader 'Loracle' has been continuously reducing HYPE short positions, with unrealized losses amounting to $7.45 million.

According to TradingBeats’ monitoring, whale trader “Loracle” has been continuously reducing its short positions in HYPE, leaving a remaining position valued at $21 million. Earlier, Loracle’s HYPE short positions peaked at $37 million; the current remaining position carries an unrealized loss of $7.45 million, with an entry price of $53.97 and current price of $83.18. Loracle’s total net unrealized loss from major short positions now stands at roughly $9.54 million, with its key positions detailed as follows: - Short SNDK worth $26.05 million, entry price $1485.67, current price $1644.00, unrealized loss of $2.51 million. - Short NVDA worth $18.73 million, entry price $225.70, current price $220.29, unrealized profit of $460,000. - Short PONS worth $18.24 million, entry price $0.67, current price $0.66, unrealized profit of $220,000. - Short MU worth $10.27 million, entry price $870.69, current price $980.80, unrealized loss of $1.15 million. - Short CASHCAT worth $6.78 million, entry price $0.21, current price $0.19, unrealized profit of $750,000. - Short PLTR worth $3.84 million, entry price $173.54, current price $166.84, unrealized profit of $150,000.