Loracle realizes $3.92 million loss, partially closes HYPE short and sells spot

Odaily reports, according to Onchain Lens monitoring, Loracle (0x8def...92dae) partially closed its HYPE short and sold spot, realizing a loss of $3.92 million. Loracle still holds a HYPE short position of 191,940 tokens, worth $15.33 million, with an unrealized loss of $4.97 million. Over the past 30 days, it has lost $16.41 million, bringing cumulative losses to $28.58 million.