BlockBeats News, March 12, according to Coinbob Popular Address Monitor data, during the HYPE surge on March 10, “Hyperliquid Early Contributor Loracle” reopened a 5x leveraged HYPE long position, with an average entry price of $34.56 and a position size of $2.4 million. With today’s HYPE rising above $37, the unrealized return on this position has reached 35%.
The address had previously accurately bought the dip of HYPE on January 12 at an average price of $22, with a position size peaking above $52 million, generating over $16 million in unrealized gains at one point and holding the largest on-chain HYPE long position. The position was closed at a take-profit point when the HYPE price dropped below $30.
