Gate News report, on March 30, according to Hyperinsight monitoring, Hyperliquid early contributor Loracle (address 0x8def…) has continuously taken profits on its HYPE long position, with a total reduction of 5.95 million dollars, and an average closing price of approximately 38.5 dollars. After this round of profit-taking, its total HYPE long position has decreased from 22.47 million dollars to 16.52 million dollars, with current floating profits of about 220,000 dollars and a yield of about 6%, with an average position price of 37.63 dollars. The owner of this address, Loracle, originally named Laurent Zeimes, is the founder of Hypurrfun and is considered one of the early contributors to the Hyperliquid ecosystem. He has been active recently in the Hyperliquid contract market and had previously engaged in bottom-fishing and going long on ZEC in December.
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