Whale Oracle Turns $20 Million BTC Short Loss into Profit, Hype Short Still $18.6 Million in the Red

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BlockBeats News, May 23, according to HyperInsight monitoring, on-chain whale loracle.hl (@loraclexyz) successfully turned a 20x short position in Bitcoin from loss to profit. The position was valued at $20 million, with an entry price of $75,029.5, resulting in a floating profit of approximately $170,000.

In addition, loracle.hl's $100 million HYPE short position is still in a loss-making state, entered at $45.2562, with a floating loss of $18.6 million.

Kaynak:BlockBeats

Yasal Uyarı: Mevcut içerik üçüncü taraf kaynaklardan alınmış veya doğrudan yapay zeka tarafından üçüncü taraf kaynaklardan çevrilmiştir. CoinEx, içeriğin gerçekliğini, doğruluğunu ve orijinalliğini garanti etmez ve bu içerik, CoinEx tarafından herhangi bir yatırım tavsiyesi teşkil etmez. Kripto varlıkların fiyatı ciddi dalgalanmalardan geçer, lütfen potansiyel risklerin farkında olun.

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Analysis: The on-chain loss of BTC hit 10.6 million coins at the bottom of the two previous bear markets. This amount corresponds to a price of $60,000 in the current cycle.

The Fuzhou Prosecutor's Office in China has filed a public prosecution against a case of stealing Bitcoin for illegal gains. The defendant was sentenced to twelve years and seven months in prison.

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