"Trader Loracle" SKHX Long Position Loss Reaches -193%, Weekly Cumulative Loss Exceeds $7.3 Million
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"Trader Loracle" SKHX Long Position Loss Reaches -193%, Weekly Cumulative Loss Exceeds $7.3 Million
According to Hyperinsight monitoring, storage stocks continue to correct, and the SKHX long position held by "Trader Loracle" is under increasing pressure. This position was opened on June 24 with 2x leverage, with a size of approximately $2.548 million and an average price of $1,229.4. As SKHX dropped to $992.3, the cost basis has been breached by 19.3%. This position shows an unrealized loss of approximately $609,000, with a return rate of -192.9%, and the loss is close to 1.93 times the margin.
Navigating Web3 tides with focused insightsTechFlow reports, July 29, according to Hyperinsight monitoring, storage stocks continued to correct, and the SKHX long position held by "trader Loracle" is under increased pressure. This position was established on June 24 with 2x leverage, with a size of approximately 2.548 million USD and an average price of 1,229.4 USD. As SKHX fell to 992.3 USD, the cost line has been breached by 19.3%, this position has an unrealized loss of approximately 609,000 USD, a return rate of -192.9%, and the loss is close to 1.93 times the margin.
Loracle currently has only this SKHX long position remaining in storage exposure. The crypto asset side is also under pressure:
- HYPE spot unrealized loss is approximately 6.502 million USD;
- NEAR, WLD, HYPE, XPL, ASTER, SOL contracts combined unrealized loss is approximately 5.143 million USD;
