"Hyperliquid early contributor Loracle" continuously took profits on HYPE long positions, reducing holdings by nearly $6 million in total.

Mars Finance reports that on March 30, according to monitoring by Hyperinsight, the “Hyperliquid early contributor Loracle” address (0x8def…) has continuously taken profits on its HYPE long positions, with a total reduction amounting to $5.95 million and an average closing price of approximately $38.5. After this round of profit-taking, its total HYPE long position size decreased from $22.47 million to $16.52 million, with an unrealized profit of about $220,000 and a return rate of approximately 6%, with an average position price of $37.63. The owner of this address, formerly known as Laurent Zeimes, is Loracle, regarded as 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 previously engaged in bottom-fishing long positions on ZEC in December.