A trader shorted BERA and made a profit of $638,000 in 1 hour.

BlockBeats News, February 12th, according to LookIntoChain monitoring, trader loracle.hl earned a profit of $638,000 in just 1 hour through shorting BERA. After BERA broke $1, he started shorting and kept adding to his position until the price reached $1.33. When the price dropped below $1 again, he closed his position, locking in a $638,000 profit, all within one hour.

He is also the person with the largest HYPE long position, holding 1.53 million HYPE longs ($46.45 million).