According to on-chain analyst Onchain Lens (@OnchainLens), whale trader Loracle.hl (@loraclexyz) has closed positions in TON, BTC, and CL, realizing a profit of $3.9 million, while also closing approximately 96% of its ZEC long positions. Meanwhile, the address has increased its 5x short position in HYPE from 1.2398 million tokens to a value of $53.23 million, bringing its total accumulated profit close to $37 million.
Whale Loracle.hl closes long positions and adds a $53M HYPE short for a $37M profit.
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Summary
Whale trading activity has drawn attention as Loracle.hl closed long positions in TON, BTC, and CL, securing $3.9M in profits. The address also liquidated 96% of its ZEC longs and increased its 5x short position in HYPE to $53.23M, with total gains nearing $37M. Long-term investment strategies appear to be shifting as whale traders adjust their positions amid market volatility.
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