18 days wiped out loracle.hl’s 10-month, $42.2 million profit from perpetual contracts, plus an additional loss of $5.19 million

Odaily Planet Daily News: According to Lookonchain monitoring, loracle.hl (@loraclexyz) made a profit of $42.2 million from perpetual contract trading over nearly 10 months. However, his HYPE short positions wiped out all of those profits within 18 days, resulting in an additional loss of $5.19 million. He has now closed most of his HYPE short positions but still holds a short position of 843,232 HYPE, worth $61.4 million.