Whale Loracle's Trading Rollercoaster: After Losing $46.46 Million Shorting HYPE, Switches to Long on SK Hynix and Short on Crude Oil

Odaily Planet Daily News According to Lookonchain monitoring, whale Loracle, after suffering a huge loss from shorting Hyperliquid HYPE, has reopened positions today to establish a new trading strategy.

It is reported that loracle.hl previously shorted HYPE, accumulating a total loss of approximately $46.46 million. Subsequently, the trader opened new positions, including going long on SKHX and shorting crude oil (#oil).

His overall trading performance has experienced dramatic fluctuations. The account's P&L once peaked at a profit of approximately $42.87 million, then retraced to a loss of $17.27 million, and has now returned to an overall profit of about $2.06 million.