Hyperliquid early contributor Loracle rebuilds HYPE long position with a scale of $1.57 million

HYPE11.86%

Gate News, March 10 — According to Coinbob’s popular address monitoring, over the past hour during a significant surge in HYPE, early contributor Loracle reopened a 5x leveraged long position in HYPE. The average entry price was $34.89, with a position size of $1.57 million. Loracle (X: loraclexyz), formerly Laurent Zeimes, previously bottomed out in HYPE on January 12 at an average price of $22, with a peak position size of $52 million, a unrealized profit of over $16 million, and was once the largest on-chain HYPE long. The position was closed after HYPE’s price fell below $30.

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