[The Largest On-Chain HYPE Bull 'Loracle' Rebuilds HYPE Long Position, Worth $1.57 Million] BlockBeats news, March 10, according to Coinbob's hot address monitoring, in the past hour, during HYPE's significant price surge, 'Hyperliquid early contributor Loracle' reopened a 5x leveraged HYPE long position at an average price of $34.89, with a position size of $1.57 million. Loracle (X: loraclexyz), whose real name is Laurent Zeimes, previously made a precise bottom entry into HYPE on January 12 at an average price of $22, with the position's peak value once reaching $52 million. The unrealized profit at its highest exceeded $16 million, making him the largest on-chain HYPE bull at the time. Later, he closed the position for profit-taking when HYPE's price fell below $30.