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Trader Loracle Opens $3.2M TON Long Position With 5x Leverage on Hyperliquid as TON Surges 55% in Days

Derivatives Data

2026-05-06 04:25:28

According to BlockBeats, on May 6, Hyperliquid trader Loracle opened a 5x leveraged long position in TON worth $3.2 million as the token broke above $2 this morning. The position, with an average entry price of $1.989, has already generated $180,000 in unrealized gains (27% return). TON surged 55% over the past two days, according to Hyperinsight monitoring data. Loracle is currently the largest long holder of TON on Hyperliquid.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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