Trader Loracle SKHX Long Losses Surge 193% With Weekly Drawdown Exceeding $7.3M

SKHX long position faces -193% loss as price drops to $992.3. Total weekly unrealized losses across crypto assets exceed $7.3 million.

Woofun AI data shows that Trader Loracle's SKHX long position, opened on June 24th with 2x leverage and a size of $2.548 million at an average price of $1,229.4, has incurred an unrealized loss of approximately $609,000. As the asset price declined to $992.3, the position's return rate reached -192.9%, representing a loss nearly 1.93 times the initial margin.

This SKHX position remains the only active long for the trader. Additional cryptocurrency assets face significant pressure, with HYPE spot holdings showing an unrealized loss of about $6.502 million.

Furthermore, contracts involving NEAR, WLD, HYPE, XPL, ASTER, and SOL have accumulated total unrealized losses of approximately $5.143 million.