Trader LoraclesKHX's long position loss reached -193%, with a cumulative weekly loss of over $7.3 million

Comparative news, according to Hyperinsight monitoring, storage stocks continued to pull back, and the pressure on SKHX held by traders on multiple orders intensified. The position was opened on June 24 with double leverage, and the size was approximately $2.588 million, with an average price of $1,229.4. As SKHX fell to $992.3, the cost line has fallen below 19.3%. The position lost about $60.9 million, and the return rate was -192.9%, and the loss was close to 1.93 times the margin.

Loracle currently has only this SKHX multiple order left in storage. The crypto asset side is also under pressure:

HYPE's spot loss was about US$6.502 million;

NEAR, WLD, HYPE, XPL, ASTER, and SOL contracts collectively lost about US$5.143 million;