HuoXing Finance reports that on September 15, according to TradingBeats monitoring, multiple associated accounts of Loracle have recently seen a significant recovery in PNL (profit and loss) exceeding $11.62 million. After offsetting long and short positions across all eight associated Loracle accounts, the major net positions include: - Long gold: approximately $41.156 million, the largest single-direction position. - Short storage stocks: SanDisk (~$24.709 million), Micron (~$9.634 million). - Short AI tech stocks: NVIDIA (~$17.998 million), Palantir (~$3.948 million), Oracle (~$3.879 million), CoreWeave (~$1.585 million). - Short crypto assets: HYPE (~$15.195 million), PONS (~$14.011 million), CASHCAT (~$5.342 million). The seven-day PNL improvement was heavily concentrated in two accounts: account 0xefe4 earned approximately $9.807 million, while account 0x8def recorded a net profit of about $920,000 (including profits from HYPE short positions offset by losses from selling HYPE spot during the same period); other accounts had limited impact. Storage and NVIDIA declines led to recovery of prior losses on older short positions: Over the past seven days, SNDK fell from $1,808.20 to $1,564.20, corresponding to approximately $3.727 million in gains; NVDA dropped from $233.04 to $212.18, yielding about $1.773 million; MU declined from $1,054.60 to $932.84, generating approximately $1.275 million. Loracle’s MU short position ($9.7 million) remains unrealized at a loss of ~$651,000; its SNDK short position ($24.7 million) remains unrealized at a loss of ~$1.244 million; its NVDA short position ($18 million) has turned profitable to $1.149 million. Two existing short positions in PONS and CASHCAT have turned profitable by approximately $3.071 million combined: Account 0xefe4 maintains a PONS short position of 27.75 million tokens; partial profit-taking has begun over the past two days. The current PONS short position value is approximately $14.011 million, with an average entry price of $0.665, yielding an unrealized profit of ~$1.284 million. The CASHCAT short position stands at approximately 36.301 million tokens, with partial profit-taking recently executed. The current position value is ~$5.314 million, with an average entry price of $0.207, resulting in an unrealized profit of ~$1.788 million.
Trader Loracle's 7-Day Profits Exceed $11M Amid Market Movements
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Summary
Trader Loracle’s 7-day profits reached $11.62 million as the crypto market remained volatile. Key positions include a $41.15 million long in gold, short positions in storage stocks, and shorts in AI tech and crypto assets. The Fear & Greed Index remains bearish, but declining prices in SNDK and NVDA helped offset earlier losses. Loracle also profited from shorting PONS and CASHCAT, leveraging market shifts.
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