[Trader 'Loracle' Gold Long Position Falls Below Average Price, Currently the Largest Long Holder of On-Chain HYPE, PAXG, and ZEC] BlockBeats News, February 16: According to Coinbob's popular address monitoring, 'Hyperliquid early contributor Loracle' established a PAXG (on-chain gold) long position before February 4. Following today's spot gold price dropping below $5,000 per ounce, the position has turned from profit to loss. The current average holding price of the position is $5,047, with a scale of approximately $7.86 million and an unrealized loss of $60,000 (-3.8%). In addition to PAXG, the address also holds a significant long position in HYPE. Recently, it placed an order near $28 to purchase approximately 20,000 HYPE tokens, slightly increasing its long position. Furthermore, it has been continuously adding to its ZEC long position in recent days, with the current position size reaching $8.5 million. Currently, Loracle ranks as the largest long holder of HYPE, PAXG, and ZEC on the Hyperliquid platform, with a total account position size of $63.2 million and an overall unrealized profit of $6.7 million. Loracle (X: loraclexyz), whose real name is Laurent Zeimes, is active in the Hyperliquid ecosystem and is regarded as one of its early contributors. He is the founder of Hypurrfun and has recently been active in the Hyperliquid contract market.