Hypurrfun founder continues to increase short positions in crude oil, with an average entry price of $91.16
BlockBeats News, March 7, according to monitoring, Hypurrfun founder Loracle (X: loraclexyz) has been continuously increasing his short positions in CL (WTI crude oil mapping contract) over the past 30 minutes. Currently, he is shorting $3.428 million worth of CL with 2x leverage, with an average entry price of $91.16, and is currently facing an unrealized loss of $12,000.
The real name of Hypurrfun founder Loracle is Laurent Zeimes. He is active within the ecosystem and is regarded as one of the early contributors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.
Tom Lee believes the sell-off in AI stocks has bottomed out
Mexican Peso roars back as Mexico's GDP surprise pushes USD/MXN lower
Crypto prices
More
