An address shorted $11.22 million worth of CBRS with 5x leverage, and the unrealized loss has reached $1.3 million.

CoinFeed reported on May 14 that, according to Lookonchain monitoring, the address "loracle.hl" is currently shorting 29,772 xyz:CBRS tokens with 5x leverage, with a position value of approximately $11.22 million. The current unrealized loss has reached approximately $1.3 million.