「Hyperliquid Early Contributor, Loracle」 Narrowly Escapes Death, Turns their Oil Short Position Around from Loss to Gain, Now Sitting on $600,000 Unrealized Gain

BlockBeats News, March 10th: According to The Data Nerd’s monitoring, following a sharp drop in oil prices, the “Hyperliquid early contributor Loracle” has turned their oil short position from loss to profit, currently with a floating profit of $600,000.

On March 8th and 9th, the address shorted oil with 20x leverage and was at risk of liquidation during an oil price surge.