On February 9, data from Coinbob's trending address monitoring showed that Loracle, the largest whale long on HYPE in the Hyperliquid ecosystem, has generated approximately $11.5 million in profit within a week through a strategy of consistently going long on HYPE and tactically trading BTC and ETH.
Assets Grow Sixfold in a Month: A Remarkable Strategy
The whale's account balance surged from under $7 million to about $41.1 million in less than a month—an almost sixfold increase—with only a single deposit of $7.44 million during that time.
Dual Strategy: Largest Long on HYPE and Short on BTC
Currently, the address holds the title of the largest long on HYPE and the largest short on BTC on Hyperliquid. Its strategy involves long-term holding of HYPE and actively trading BTC and ETH on a swing basis.
Precision Moves: Four Trades in Two Days
Last weekend, the whale executed four swing trades within two days—first profiting $6.37 million through short positions on BTC and ETH, then flipping to long positions and making another $3.82 million. Late last night and early this morning, the address opened new short positions on BTC and ETH, continuing its strategy.
Key Positions Held
- HYPE (5x Long): Position size of approximately $48.52 million, average price of $24.37, unrealized profit of $12.46 million (+128%).
- BTC (20x Short): Position size of approximately $43.15 million, average price of $70,073, unrealized loss of $510,000 (-24%).
- ETH (20x Short): Position size of approximately $10.15 million, average price of $2,056, unrealized profit of $140,000 (-27%).
Background
Loracle (X: @loraclexyz), originally named Laurent Zeimes, is highly active within the Hyperliquid ecosystem and is regarded as one of its early contributors. He is also the founder of Hypurrfun. Recently, he has been accumulating HYPE on Hyperliquid futures at an average price of $22 and has not yet closed his position.