「Trader Loracle」's SKHX Long Position Faces -193% Loss, Weekly Accumulated Loss Exceeds $7.3 Million

BlockBeats News, July 29th, according to Hyperinsight Monitoring, storage stocks continued to retreat, intensifying the pressure on the "Trader Loracle"'s SKHX long position. The position was opened on June 24th with 2x leverage, with a scale of approximately $2.548 million and an average price of $1,229.4. As SKHX fell to $992.3, the cost line has been breached by 19.3%, resulting in a floating loss of approximately $609,000, a return rate of -192.9%, and a loss nearly 1.93 times the margin.

Loracle currently only has this SKHX long position exposed. The cryptocurrency side is also under pressure:

HYPE spot position has a floating loss of approximately $6.502 million;

NEAR, WLD, HYPE, XPL, ASTER, SOL contract positions have a total floating loss of approximately $5.143 million.