Loracle Main Subaccount Logs $48.38 Million in Short Trade Volume

Loracle’s main subaccount recorded about $48.38 million in trade value from newly opened and increased short positions across crypto assets and technology stocks on Oct. 30, while also adding to a large Bitcoin long. Ether (ETH) accounted for $22.82 million in new short trades. The position was valued at about $22.52 million, with an average entry price of $2,262.70. New Nvidia short trades totaled $8.37 million, leaving a position valued at $8.34 million with an average price of $208.57. Oracle short trades totaled $2.19 million, and its position was valued at $2.18 million with an average price of $134.06.

Source: TokenPost