Svmuu News: According to Lookonchain’s monitoring, after suffering massive losses from a previous short position on Hyperliquid (HYPE), the whale “Loracle” reopened a position today and established a new trading strategy.
It is reported that loracle.hl previously shorted HYPE, incurring cumulative losses of approximately $46.46 million. Subsequently, the trader opened new positions, including a long position in SKHX and a short position in crude oil (#oil).
Their overall trading performance has experienced sharp fluctuations: the account’s P&L once peaked at a profit of approximately $42.87 million, then retreated to a loss of $17.27 million, and has now returned to an overall profit of approximately $2.06 million.
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Whale Loracle's Trading Takes a Roller-Coaster Ride: After Losing $46.46 Million on a Short Position in HYPE, He Shifts to a Long Position in SK Hynix and a Short Position in Crude Oil
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