Loracle rebuilds HYPE long positions, totaling $1.57 million

On March 10 (UTC+8), monitoring of popular addresses on a certain exchange showed that within the past hour, during a significant price surge of HYPE, Hyperliquid early contributor Loracle opened a 5x leveraged long position on HYPE at an average price of $34.89, with a position size reaching $1.57 million. Loracle, whose real name is Laurent Zeimes, previously bottom-fished HYPE at an average price of $22 on January 12, with his position peaking at $52 million and unrealized profits exceeding $16 million at the highest point. He later took profits and closed his position when the HYPE price fell below $30.