On-chain address Loracle reestablishes a long position on HYPE. After opening a position worth $2.4 million, the unrealized profit has reached 35%.

GateNews

2026-03-12 06:25:23

HYPE10,23%

Gate News reports that on March 12, according to Coinbob’s popular address monitoring, Hyperliquid early contributor “Loracle” reopened a 5x leveraged HYPE long position during the HYPE surge on March 10. The entry price was $34.56, with a position size of $2.4 million. As HYPE rebounded above $37 today, the unrealized profit for this position has reached 35%. Previously, on January 12, this address accurately bottomed HYPE at an average price of $22, with a position size once exceeding $52 million, and a maximum unrealized profit of over $16 million. It also held the largest long position on-chain for HYPE before taking profit and closing when the price fell below $30.

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