Trader Loracle's SKHX Long Position Posts -192.9% Loss on July 29, Unrealized Losses Hit $609K

HYPE-0.54%
WLD-2.64%
XPL0.15%
ASTER-3.42%
SOL0.85%
According to BlockBeats citing Hyperinsight monitoring, trader Loracle's SKHX long position accumulated significant losses on July 29. The position, established on June 24 with 2x leverage at an average price of $1,229.4 with a size of approximately $2.548 million, saw unrealized losses of roughly $609,000 as SKHX fell to $992.3, posting a return rate of -192.9%. Losses now exceed 1.93 times the position's margin. Additionally, Loracle's HYPE spot holdings face unrealized losses of about $6.502 million, while combined contracts in NEAR, WLD, HYPE, XPL, ASTER, and SOL account for approximately $5.143 million in unrealized losses.
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