BlockBeats News, February 3rd, according to Coinbob’s Hot Address Monitoring, Hypurrfun founder Loracle (X: loraclexyz) significantly increased his 5x leveraged HYPE long position today. The long position was opened on January 12th at an average price of $22 for a bargain buy, and with the recent sharp increase in HYPE price, his position is now significantly profitable. Currently the largest on-chain HYPE bull whale.
Compared to last week, the address’s HYPE long position has increased from $39.55 million to $52.22 million, with the average price rising from $22.36 to $24.30, resulting in a floating profit of $16.1 million and a return of 154%. His account funds have grown from around $13 million to around $35.69 million, achieving a doubling.
Hypurrfun founder Loracle, real name Laurent Zeimes. He is active in the Hyperliquid ecosystem and is considered one of the early contributors. Recently active in the Hyperliquid contract market, he bottomed out and went long on ZEC in December.
