Loracle Raises Long Exposure to $79.43 Million, Led by Sandisk

Trader Loracle lifted long exposure across linked accounts to $79.43 million, led by a $15.63 million Sandisk position, marking a sharp increase in bullish bets alongside sizable shorts.

In a Nov. 6 snapshot, a Loracle subaccount held the Sandisk (SNDK) position at an average entry price of $826.77, with an unrealized gain of about $656,800 and a return of roughly 39.5%. The account also opened a roughly $3 million Ether (ETH) long at an average price of $2,250; that position was down about $28,500.

Across eight linked addresses, net long exposure rose from about $61.32 million at the prior U.S. stock-market open to $79.43 million, an increase of roughly $18.11 million. Two active subaccounts reduced their net long exposure by a combined $290,000, including trims to Sandisk and other technology positions.

Short exposure across the account group totaled about $38.9 million, up roughly $370,000. NEAR, PEPE and Oracle short quantities were unchanged, with current values of about $16.84 million, $8.86 million and $1.93 million, respectively; the main account’s $8.11 million HYPE short also remained unchanged.