[Trader Loracle incurs an unrealized loss of approximately $3.7 million on a 10x leveraged short position in SNDK] BlockBeats News, October 4, according to TradingBeats monitoring, the Loracle address (starting with 0xefe4) currently holds approximately 15,800 shares of SNDK short positions with 10x leverage. The average entry price is around $1,485.67, and the current position value is approximately $27.2 million, with an unrealized loss of about $3.7 million, resulting in a position return rate of approximately -135%. This address continuously increased its short positions in SNDK in mid-August, with the short position size once reaching approximately 17,200 shares. As SNDK surged in late September, the unrealized loss on the short positions expanded to around $6.7 million at one point during intraday trading, but it narrowed as the stock price subsequently pulled back. According to BIT (bit.com) market data, as of the latest closing, SNDK was priced at approximately $1,717, up about 15.6% from the average entry price of this address.