The largest long on the previous chain HYPE, "Loracle," has liquidated HYPE with a profit of 5.09 million, and now has shifted to Nvidia with a position of over 4 million.

HYPE-2,49%
PAXG-0,54%

BlockBeats News, February 27 — According to Coinbob’s popular address monitoring, after six consecutive days of partial liquidation, “Hyperliquid early contributor Loracle” has closed all of its HYPE long positions, realizing a total profit of approximately $5.09 million.

This position was established on January 12, with an opening average price of $22. During its holding period, its peak size reached $52 million, with an average price of $24.55. The unrealized profit peaked at over $16 million, and it once became the largest on-chain HYPE long position. Subsequently, after HYPE’s price fell below $30, the address began to take profits frequently with small trades, gradually locking in gains.

After clearing out HYPE, the whale opened a long position on NVDA (Nvidia mapped contract) with 1x leverage this morning, establishing a core position of about $4 million at an average price of $185.4. Meanwhile, it continues to hold a PAXG (on-chain gold) long position, with a size of approximately $8.2 million, using 5x leverage for long-term holding. Currently, it has an unrealized profit of $240,000 and is the largest on-chain PAXG long position.

Loracle (X: loraclexyz), formerly Laurent Zeimes, is active in the Hyperliquid ecosystem and is regarded as an early contributor. He is the founder of Hypurrfun and has recently been active in Hyperliquid’s contract markets.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP ETF attracts over $19 million, with AUM approaching $1.1 billion. Why does the price still hover around $1.40?

Despite XRP price pressure, investors remain interested in XRP ETFs, with approximately $19 million flowing in over the past week and total assets nearing $1.1 billion. However, XRP trading prices are still more than 60% below their all-time highs, and market sentiment remains cautious. Analysts point out that the influence of XRP ETFs is far less than that of Bitcoin ETFs. Overall, XRP's future performance is closely tied to market sentiment and Ripple's technological applications.

GateNews50m ago

Solana ETF attracts 1.5 billion in funding, Bloomberg analyst: Market cap adjusted beats Bitcoin by double

Bloomberg analyst Eric Balchunas pointed out that since the launch of the Solana ETF in July 2025, despite the SOL token dropping 57%, the ETF has still accumulated a net inflow of $1.5 billion, indicating ongoing support from institutional investors. Compared to Bitcoin ETFs, the capital inflow into the Solana ETF, adjusted for market value, is equivalent to $54 billion, demonstrating its relatively strong market performance.

MarketWhisper56m ago

ETH price outlook improves thanks to ETF capital inflow and staking queues

The US-based Ethereum ETF spot funds attracted $169 million in net inflows on Wednesday — the highest in two months, according to data from SoSoValue. The new capital influx indicates that institutional investors' interest in Ethereum is gradually returning, even as the financial market t

TapChiBitcoin57m ago

Bitcoin ETF attracts $500 million in a single day! Institutional funds are flowing back, and Bitcoin's safe-haven status is once again in high demand.

March 6 News: The capital flow into US spot Bitcoin ETFs has significantly rebounded, with approximately $500 million net inflow recorded on March 5, marking the best performance since 2026. Institutional investors' attitudes have shifted, recent Bitcoin price rebounds, and market participation is widespread, with funds flowing into multiple products rather than concentrating on a single one. This change reflects an improved risk appetite among institutions rather than being driven solely by geopolitical factors.

GateNews1h ago

Bitcoin ETF reverses the $4.5 billion outflow at the beginning of the year, institutions accelerate return after Iran conflict

In early 2026, the US spot Bitcoin ETF experienced a massive outflow of $4.5 billion, followed by a significant rebound, with a total net inflow of $55.72 billion. This capital rebound shows a pattern of multiple funds strengthening simultaneously, indicating a shift in market sentiment. In contrast, Bitcoin and gold performed differently under geopolitical influences, reminding investors not to judge asset attributes solely based on short-term trends.

MarketWhisper1h ago

Gold and silver trading are active, with Gate XAUT and XAG 24-hour contract trading volumes consistently ranking among the top three globally.

Recently, metal market trading has been active, with international gold and silver prices fluctuating at high levels. The trading volume of metal contracts on the Gate platform ranks among the top three globally. Gate pioneered metal contract trading, offering 24/7 continuous trading to meet users' flexible needs during volatile market conditions.

GateNews1h ago
Comment
0/400
No comments