'Loracle' recently went long on HYPE at $37 with precision, and today HYPE rebounded to $40, resulting in significant unrealized gains

BlockBeats news, March 25: According to Coinbob's monitoring of popular addresses, influenced by HYPE's recovery above $40 today, the long position held by 'Hyperliquid early contributor Loracle' has recorded substantial unrealized gains. The current unrealized profit has reached $1.4 million, with a position size of approximately $22.3 million and an average entry price of $37.6. Over the past two days, this whale has consistently added to their long position after HYPE's price fell below $38, with the lowest entry point near $36.8. Their average entry price has been adjusted downward, and they still have approximately $1.8 million worth of buy orders in the $36 price range. This long position was initially opened on March 10 as a momentum trade, with an initial base position of approximately $2.4 million at an average price of $34.5. The position has been rolled over multiple times to reach its current size. Loracle (X: loraclexyz), whose real name is Laurent Zeimes, previously made a precise bottom entry on HYPE at an average price of $22 on January 12, with the position size peaking at $52 million.