Loracle partially closed its HYPE short position and sold spot, incurring a realized loss of USD $3.92 million.

According to TechFlow, on September 12, as monitored by Onchain Lens, Loracle (0x8def...92dae) partially closed out HYPE short positions and sold spot tokens, incurring a realized loss of $3.92 million. Loracle still holds 191,940 HYPE short positions worth $15.33 million, with an unrealized loss of $4.97 million. It has lost $16.41 million over the past 30 days, bringing cumulative losses to $28.58 million.