Well-known trader loracle.hl suffered losses on both long and short HYPE positions, with cumulative losses exceeding $60 million
According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), trader loracle.hl (@loraclexyz) has recently suffered repeated losses on HYPE: losing $46 million on shorts in June, then switching to longs and losing another $2.33 million, and after switching back to shorts, currently losing another $11.8 million, with cumulative losses exceeding $60 million, unable to escape losses regardless of long or short direction.
