Loracle.hl loses $422 million in profit due to HYPE short orders

According to Lookonchain monitoring, loracle.hl earned a cumulative profit of $422 million through perpetual contract trading, but its HYPE short position wiped out all profits within 18 days and incurred an additional loss of $5.19 million. At present, he has liquidated most of the HYPE short positions, but still holds 843200 HYPE short positions worth approximately $614 million.