Trader Loracle's Short Positions in Sandisk and HYPE Face Large Unrealized Losses

On September 19, TradingBeats monitoring showed that trader Loracle's short position in Sandisk was sitting on an unrealized loss of as much as $4.67 million, with a position size of $28 million, an entry price of $1,485.67, and a liquidation price of $2,552.96. According to BlockBeats On-chain Detection, the unrealized loss on the HYPE short position held in the same address had widened to $2.91 million, with a position size of $7 million, an entry price of $53.97, and a liquidation price of $136.56.