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Trader Bags $638K in 1 Hour on BERA Short

Trader Bags $638K in 1 Hour on BERA Short

CoinomediaCoinomedia2026/02/12 09:03
By:Coinomedia
  • A trader made $638K in one hour by shorting $BERA.
  • He holds a $46.45M long position in $HYPE.
  • His total Hyperliquid trading profit exceeds $32M.

A well-known on-chain trader, loracle.hl (@loraclexyz), just pulled off an impressive move on Hyperliquid. He generated a massive Hyperliquid trading profit of $638,000 in just one hour by shorting $BERA at the perfect moment.

The move started when $BERA broke above the $1 mark. Instead of chasing the rally, he began opening short positions. As the price continued climbing to $1.33, he kept adding to his short position, showing strong conviction in a price reversal.

Soon after, the market turned. $BERA dropped sharply back below $1. That’s when he closed his entire position, locking in $638K in profit — all within a single hour.

This trade highlights how fast-paced and volatile crypto markets can create huge opportunities for experienced traders.

Massive $HYPE Position Revealed

Beyond the $BERA trade, the trader is also making headlines for his long position in $HYPE. He is currently the largest $HYPE long holder, holding 1.53 million $HYPE tokens valued at around $46.45 million.

This massive exposure shows his confidence in the asset and in the broader ecosystem. Holding such a large position also suggests a high-risk, high-reward strategy. If $HYPE continues to rise, his portfolio could expand significantly. However, large positions also carry substantial risk if the market turns.

Over $32M in Hyperliquid Trading Profit

The recent $638K gain is just a small part of a much bigger picture. His total Hyperliquid trading profit has now surpassed $32 million.

Such consistent performance puts him among the top traders on the platform. It also shows how derivatives trading, especially shorting and leverage, can generate outsized returns — though it requires deep market knowledge and strong risk management.

While not every trader can replicate this success, the trade serves as a powerful example of how timing, strategy, and conviction can lead to major gains in crypto markets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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