The largest long on the previous chain HYPE, "Loracle," has liquidated HYPE with a profit of 5.09 million, and now has shifted to Nvidia with a position of over 4 million.
BlockBeats News, February 27 — According to Coinbob’s popular address monitoring, after six consecutive days of partial liquidation, “Hyperliquid early contributor Loracle” has closed all of its HYPE long positions, realizing a total profit of approximately $5.09 million.
This position was established on January 12, with an opening average price of $22. During its holding period, its peak size reached $52 million, with an average price of $24.55. The unrealized profit peaked at over $16 million, and it once became the largest on-chain HYPE long position. Subsequently, after HYPE’s price fell below $30, the address began to take profits frequently with small trades, gradually locking in gains.
After clearing out HYPE, the whale opened a long position on NVDA (Nvidia mapped contract) with 1x leverage this morning, establishing a core position of about $4 million at an average price of $185.4. Meanwhile, it continues to hold a PAXG (on-chain gold) long position, with a size of approximately $8.2 million, using 5x leverage for long-term holding. Currently, it has an unrealized profit of $240,000 and is the largest on-chain PAXG long position.
Loracle (X: loraclexyz), formerly Laurent Zeimes, is active in the Hyperliquid ecosystem and is regarded as an early contributor. He is the founder of Hypurrfun and has recently been active in Hyperliquid’s contract markets.
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