Hyperliquid Early Contributor Loracle Increases Gold Long Position to $3.77 Million

On February 4, according to Hyperinsight monitoring, Loracle, an early contributor to the Hyperliquid ecosystem, rolled his PAXG (on-chain gold) long position.

• He added 157.68 PAXG longs valued at approximately $834,500.

Following the adjustment, the total value of his PAXG long position reached $3.7659 million, with the average price rising slightly from $4,983.39 to $5,007.74.

Position Profit Analysis

The position currently shows a floating profit of approximately $71,300, reflecting a 9.47% return on investment.

Loracle's Role in Hyperliquid

Known originally as Laurent Zeimes, Loracle is recognized as one of the early contributors to Hyperliquid and is also the founder of Hypurrfun. He has been actively trading on the Hyperliquid derivatives market recently.

• He previously took a long position on ZEC in December, showcasing his sharp market insight.