HYPE Price Surge Boosts Loracle's Holdings

On March 25, Coinbob's popular address monitoring revealed significant gains for "Hyperliquid early contributor Loracle" due to HYPE's price surpassing $40. According to BlockBeats, Loracle's current unrealized profit stands at $1.4 million, with a holding size of approximately $22.3 million and an average price of $37.6. In recent days, this major investor continued to buy as HYPE's price fell below $38, acquiring more at around $36.8, thereby reducing the average price. Currently, there are still buy orders worth about $1.8 million in the $36 price range. The long position was initially opened on March 10, with a base size of around $2.4 million and an average price of $34.5, gradually increasing to its current size. Loracle, whose real name is Laurent Zeimes, previously made a notable purchase on January 12, buying HYPE at an average price of $22, with the position peaking at $52 million.