「Hyperliquid Early Contributor Loracle」 Takes Profit Continuously on HYPE Longs, Reducing Holdings by Nearly $6 Million

BlockBeats News, March 30, according to Hyperinsight monitoring, the "Hyperliquid early contributor Loracle" address (0x8def...) conducted consecutive take-profit operations on its HYPE long position, with a cumulative sell-off scale of $5.95 million, with a closing average price of approximately $38.5.

After this round of profit-taking, the total holding scale of its HYPE long position decreased from $22.47 million to $16.52 million, with a floating profit of approximately $220,000, a return rate of approximately 6%, and a holding average price of $37.63.

The address owner, originally named Laurent Zeimes, known as Loracle, is considered one of the early contributors to the Hyperliquid ecosystem and the founder of Hypurrfun. He has recently been active in the Hyperliquid contract market and has previously bottomed and longed ZEC in December.