Whale Loracle.hl opened a $12.66 million short position in BTC, with total unrealized profits exceeding $41 million across all positions.

CoinFeed reported on May 13th that, according to Onchain Lens monitoring, whale Loracle.hl (@loraclexyz) has opened a 20x short position of 156 BTC, worth $12.66 million. His 10x SNDK short position, opened two days ago, currently has a floating profit of over $648,000, and his 5x HYPE short position has a floating profit of over $2.3 million. His total floating profit currently exceeds $41 million.