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

BlockBeatNews · 2026-03-30T02:55:26+00:00

Hyperinsight detected that early contributor Loracle of Hyperliquid took profit on the HYPE long position, reducing a total of $5.95 million. The average closing price was approximately $38.5, with the position size decreasing to $16.52 million. The unrealized profit is about $220,000, with a return of 6%.

BlockBeatNews

2026-03-30 02:55:26

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BlockBeats news, on March 30, according to Hyperinsight monitoring, the “Hyperliquid early contributor Loracle” address (0x8def…) has continuously taken profits on its HYPE long positions, with a cumulative reduction of 5.95 million dollars, closing at an average price of about 38.5 dollars.

After this round of profit-taking, the total position size of its HYPE long positions decreased from 22.47 million dollars to 16.52 million dollars, with an unrealized profit of about 220,000 dollars and a return rate of about 6%, with an average position price of 37.63 dollars.

The owner of this address, Loracle, formerly known as Laurent Zeimes, is considered one of the early contributors to the Hyperliquid ecosystem and is 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.

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