The largest on-chain HYPE long position holder "Loracle" has closed all HYPE positions with a profit of 5.09 million, and today shifted to a 4 million long position in Nvidia.

BlockBeats News, February 27, according to reports, after six consecutive days of phased position reductions, "Hyperliquid early contributor Loracle" has fully closed all his HYPE long positions, realizing a total profit of approximately $5.09 million.

This position was established on January 12, with an average opening price of $22. During the holding period, the position size peaked at $52 million, with the average price rising to $24.55. The unrealized profit once exceeded $16 million, and he was once the largest HYPE long on-chain. Subsequently, after the HYPE price fell below $30, this address began to take profits continuously with high frequency and small orders, gradually securing the gains.

After closing all HYPE positions, this whale opened a NVDA (Nvidia mapped contract) long position with 1x leverage this morning, establishing a base position of about $4 million at an average price of $185.4. Meanwhile, he still holds a PAXG (on-chain gold) long position, with a position size of about $8.2 million, using 5x leverage for a long-term hold. The current unrealized profit is $240,000, making him the largest PAXG long on-chain.

Loracle (X: loraclexyz), whose real name is Laurent Zeimes, is active in the Hyperliquid ecosystem and is regarded as one of the early contributors. He is the founder of Hypurrfun and has recently been active in the Hyperliquid contract market.