ME News report, August 4 (UTC+8): According to TradingBeats (formerly Hyperinsight), the open interest value of Oracle (ORCL) increased by 88.43% within 24 hours to approximately $57.05 million, ranking first among traditional markets on Hyperliquid with trading volume exceeding $10 million. This corresponds to approximately $26.77 million in new notional positions. ORCL is currently trading at $144.05, up approximately 9.1% over the past 24 hours and near its intraday high. Trading volume surged from around $1.55 million during the previous weekend’s 24-hour period to $24.43 million—an increase of roughly 15.8 times—while open positions rose from 11,800 contracts to 176,200 contracts. Million-dollar whale positions remain significantly net short. The long/short participant ratio stands at 1:3; total long positions amount to approximately $11.113 million, while short positions total around $20.478 million, yielding a long/short value ratio of approximately 0.54:1. Over the past 24 hours, long positions among this sample increased by approximately $11.113 million, while short positions increased by approximately $10.727 million, indicating relatively balanced large-scale capital flows. Four new addresses have entered the million-dollar position tier, with a combined current position value of approximately $20.396 million. Among them, the smart money address (0xc8b), which previously realized a $5.717 million profit from a rebound in SKHX, became the largest new long position in this round. This address accumulated a total of 67,100 long ORCL contracts this morning, with a traded value of approximately $9.536 million and a weighted entry price of $142.01. As of publication, it holds ORCL long positions at 2x isolated leverage, with an unrealized profit of approximately $137,000 (+2.9%) and a liquidation price of $74.70. This position accounts for 87% of the total value of newly added million-dollar whale positions and currently has no open orders. Market entry costs for chasing the rally have also risen significantly. ORCL’s current hourly funding rate is approximately +0.0041%, with a cumulative 24-hour rate of approximately +0.0529%, up about 120% compared to the previous 24-hour rate of +0.0240%. Previous report involving this smart money address: SKHX Surges Amid “De-leveraging”? Capital Exits 27% to Shift into Micron and SanDisk (Source: BlockBeats)
Oracle long position surges 88% on Hyperliquid as smart money adds $9.5M
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Summary
Oracle (ORCL) long position trading surged 88.43% in 24 hours to $57.05 million on Hyperliquid, the highest among traditional assets with over $10 million in volume. A smart money address (0xc8b) added $9.54 million in longs, purchasing 67,100 shares at $142.01. The position is 2x leveraged, yielding a floating profit of $137,000.
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