BlockBeats News, March 25 — According to Coinbob’s popular address monitoring, influenced by today’s HYPE reclaiming the $40 level, “Hyperliquid early contributor Loracle” holding long positions in HYPE has seen significant unrealized gains, currently totaling $1.4 million. The position size is approximately $22.3 million, with an average entry price of $37.6.
In the past two days, this whale has continued to buy after HYPE’s price fell below $38, with a low point near $36.8. Its average price has decreased accordingly, and it still has about $1.8 million in buy orders around the $36 price range.
This long position was opened on March 10 with a chase buy, initially about $2.4 million at an average price of $34.5, and has been rolled over to its current size.
Loracle (X: loraclexyz), formerly Laurent Zeimes, previously bought the dip in HYPE on January 12 at an average price of $22, with a peak position of $52 million.