Loracle's weekly profit is 11.5 million, with assets increasing sixfold monthly. It is currently the largest long on-chain HYPE and the largest short on BTC.

BlockBeats News, February 9 — According to Coinbob’s popular address monitoring, the on-chain largest long whale “Hyperliquid early contributor Loracle” has recently achieved a profit of approximately $11.5 million this week through a strategy of “continuously going long on HYPE, building positions within the wave on BTC and ETH.” Its account funds have increased from less than $7 million to about $41.1 million in less than a month, nearly six times the original amount, with only one large transfer of $7.44 million during this period.

This address currently serves as the largest long position holder on HYPE and the largest short on BTC on Hyperliquid. Its operating pattern involves holding long positions on HYPE for the long term, supplemented by wave trading on BTC and ETH. Over the weekend, it completed four wave trades within two days: first profiting $6.37 million from short positions on BTC and ETH, then reversing to long positions and earning an additional $3.82 million. Last night and this morning, the address again opened new short positions on BTC and ETH, continuing its strategy. Its main holdings are as follows:

HYPE (5x long): approximately $48.52 million in position size, average price $24.37, floating profit about $12.46 million (+128%).

BTC (20x short): approximately $43.15 million in position size, average price around $70,073, floating loss about $510,000 (-24%).

ETH (20x short): approximately $10.15 million in position size, average price around $2,056, floating profit about $140,000 (-27%).

Loracle (X: loraclexyz), formerly Laurent Zeimes, is active within the Hyperliquid ecosystem and is regarded as one of the early contributors. He is the founder of Hypurrfun. Recently, he has been active in the Hyperliquid futures market, bottom-fishing HYPE at an average price of $22, and has not yet closed his positions.