18 days erased loracle.hl's $42.2 million perpetual contract profits accumulated over 10 months, and resulted in an additional $5.19 million loss.

According to Odaily, monitoring by Lookonchain shows that loracle.hl (@loraclexyz) made a profit of 42.2 million US dollars from perpetual contract trading over nearly 10 months. However, a short position on HYPE wiped out all profits and additionally caused a loss of 5.19 million US dollars within 18 days. Currently, most of the HYPE short positions have been closed, but there is still a remaining short position of 843,232 HYPE, worth 61.4 million US dollars.