Whale Loracle Adds Long Positions in Gold and Copper, Most Short Positions Remain at a Loss

iconKuCoinFlash
Share
AI summary iconSummary
Whale Loracle maintains a long-term investment strategy, adding a 10x leveraged long position in gold and a 1x long position in copper. The gold position holds 40.0251 xyz:GOLD, and the copper position holds 2,200.04 xyz:COPPER, both with floating profits. Most short positions remain in loss, with only CASHCAT and CRWV showing gains. Loracle’s HYPE short is down $13.66 million on $38.19 million in exposure, while SNDK and NVDA short positions are also underwater. Traders are monitoring key support and resistance levels as the whale rebalances its portfolio.

Odaily Planet Daily reports, according to Hyperbot data, the whale Loracle has opened new 10x leveraged long positions in gold and 1x leveraged long positions in copper, and continues to add to these positions. Currently, the gold long position holds 40.0251 xyz:GOLD, and the copper long position holds 2,200.04 xyz:COPPER, both with unrealized profits.

Additionally, most of Oracle's short positions remain in loss, with only the CASHCAT and CRWV shorts currently in profit:

Shorted $38.19 million worth of HYPE, with an unrealized loss of $13.66 million.

Shorted $27.69 million worth of SNDK, with an unrealized loss of $5.16 million.

Shorted $19.8 million worth of NVDA, with an unrealized loss of $620,000.

Shorted $18.27 million in PONS, with an unrealized loss of $1.28 million.

Shorted $11.06 million worth of MU, with an unrealized loss of $1.94 million.

Shorted $4.01 million of PLTR, with an unrealized loss of $14,000.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.