Loracle's HYPE position reaches $40, generating $1.4M in profit

KuCoinFlash

Release Time: 03/25/2026 03:16:25

HYPE

$36.919-1.17%

Summary

Loracle’s HYPE position surged to $40 on March 25, pushing its total value to $22.3 million with a $1.4 million unrealized profit. The position, initially opened at $34.5 on March 10, was added to near $36.8 as the price declined. On-chain data shows Loracle increased its position, echoing a profitable move in January at $22. Traders are now monitoring altcoins like HYPE for potential momentum.

BlockBeats news, March 25: According to Coinbob's Popular Address Monitoring, following HYPE's rebound above $40 today, the long position held by "Hyperliquid early contributor Loracle" has generated significant unrealized profits, now reaching $1.4 million, with a position size of approximately $22.3 million at an average entry price of $37.6.

Over the past two days, this whale has consistently bought long positions after HYPE's price dropped below $38, accumulating at lows near $36.8, lowering its average cost. It currently still has approximately $1.8 million in buy orders remaining in the $36 price range.

This long position was opened on March 10 during a price rally, with an initial base position of approximately $2.4 million at an average price of around $34.50, and has been rolled over to its current size since then.

Loracle (X: loraclexyz), formerly known as Laurent Zeimes, accurately bought the bottom of HYPE on January 12 at an average price of $22, with a peak position size of $52 million.

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