ME News reports that on May 10 (UTC+8), according to Onchain Lens monitoring, the whale Loracle.hl has closed out its positions in TON, BTC, and CL, realizing a profit of $3.9 million. Additionally, the whale closed approximately 96% of its long ZEC position and increased its 5x short HYPE position to a value of $53.23 million. Its total profits now approach $37 million. (Source: Foresight News)
Loracle.hl closes TON, BTC, and CL positions for a $3.9M profit and increases HYPE short position to $53.23M
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Summary
On May 10 (UTC+8), Loracle.hl closed its TON, BTC, and CL positions, securing a $3.9M profit. The whale also unwound 96% of its ZEC longs and increased its HYPE short position to $53.23M, with total gains nearing $37M. Position trading strategies appear to be performing well, with key support and resistance levels likely influencing the timing of these moves.
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