"Loracle, an early contributor to Hyperliquid", has continuously stopped profits. HYPE has reduced its holdings by nearly US$6 million in multiple orders

According to Hyperinsight monitoring, the "Hyperliquid early contributor Loracle" address (0x8def...) has carried out continuous stop-profit operations on its HYPE long positions, with a cumulative reduction of US$5.95 million, and the average closing price is approximately US$38.5.<br /> After this round of taking profits, its total positions in HYPE's multiple orders dropped from US$22.47 million to US$16.52 million, with a floating profit of approximately US$220,000, a yield of approximately 6%, and an average position of US$37.63.<br /> The owner of the address is Loracle, formerly known as Laurent Zeimes, and is regarded as one of the early contributors to the Hyperliquid ecosystem and the founder of Hypurrfun. It has recently been active in the Hyperliquid contract market and conducted operations such as bottom-hunting and long-selling ZEC in December.