A well-known Hyperliquid trader, Loracle, opened a new position going long SKHX while shorting crude oil after losing $46.46 million on a short position in HYPE.
According to BlockBeats On-chain Detection, the move was flagged by Lookonchain monitoring on July 14.
Loracle’s overall profit-and-loss performance has been highly volatile, at one point reaching a peak profit of $42.87 million before swinging to a $17.27 million loss. The position later recovered to an overall profit of $2.06 million.
Hyperliquid Trader Loracle Opens Long SKHX and Short Crude Oil After HYPE Short Loss
2026-07-14 13:34:37
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