Hypurrfun founder Loracle becomes the largest long on chain HYPE, with a floating profit of $16.1 million

On February 3rd, Hypurrfun founder Loracle (real name Laurent Zeimes) heavily increased its holdings in its 5-fold leverage HYPE multi order, becoming the largest long whale of HYPE on the chain. The multi order was opened on January 12th at an average price of $22. With the rise in HYPE prices, its holding size increased from $39.55 million to $52.22 million, the average price increased from $22.36 to $24.3, and the floating profit reached $16.1 million, with a yield of 154%. The funds in the Loracle account increased from approximately $13 million to approximately $35.69 million. Loracle is active in the Hyperliquid ecosystem and went long on ZEC in December of last year.