Prominent crypto trader Loracle.hl has initiated a significant short position on Bitcoin, valued at $12.66 million with 20x leverage. Additionally, his recent trades include a $SNDK position with 10x leverage, now showing a floating profit exceeding $648,000, and a $HYPE short position with 5x leverage, yielding over $2.3 million in profit. Loracle.hl's strategic trading has amassed him over $41 million in total profits, demonstrating exceptional market timing.