「Loracle」 recently nailed the $37 long entry on HYPE and today HYPE has surged back to $40, showing significant unrealized gains.
March 25th
According to Coinbob Popular Address Monitoring, as HYPE rebounded above $40 today, the "Hyperliquid Early Contributor Loracle" whale has racked up a sizeable floating profit on its HYPE long positions.
Key current metrics:
- Floating profit: ~$1.4 million
- Total holding value: ~$22.3 million
- Average entry price: $37.6
Over the past two days, the whale has continued adding to its longs after HYPE dipped below $38, averaging down its overall entry price to ~$36.8. It now holds ~$1.8 million in buy orders placed around the $36 level.
The long position was initially opened on March 10th with a base of ~$2.4 million (average entry: $34.5) and has been steadily scaled up to its current size.
Loracle (X: loraclexyz) — whose real name is Laurent Zeimes — previously timed a bottom in HYPE on January 12th with an average entry of $22, at one point growing its holding to a peak of ~$52 million.
7 minutes ago
Gold briefly touches $4600: Bearish whale liquidated for $7.7M, largest short position cut in half
March 25 –
Per Hyperinsight Monitoring, spot gold prices jumped over 5% today. The GOLD contract on Hyperliquid reclaimed $4,600 earlier and is now trading at $4,590.
Amid gold’s rebound, a short whale was forced to liquidate twice this morning in the $4,500–$4,520 range with $1M+ orders each, totaling over $7.7M in liquidations. Its current open interest is now under $1M.
Meanwhile, the “Largest On-Chain Gold Short” (address 0x06a) faces mounting pressure. Its total floating profit, once up to $6.3M, has shrunk nearly in half to $3.2M amid the rally. The address holds a 4x-leveraged GOLD short position worth ~$33.7M, with an average entry price of $4,972 — and has not adjusted its position yet.
7 minutes ago
HYPE Finance company Hyperliquid Strategies has launched PURR stock options trading on Nasdaq.
March 25th – Per a company press release, Hyperliquid Strategies Inc.—the HYPE Treasury company—announced Tuesday it has launched options trading for its common stock PURR on the U.S. Nasdaq Options Market. The move aims to boost liquidity and improve price discovery for PURR shares, which offer investors a capital-efficient way to gain exposure to Hyperliquid’s native token HYPE. Hyperliquid Strategies primarily accumulates HYPE tokens via staking, yield optimization, and ecosystem engagement to maximize shareholder value.
Hyperliquid Strategies CEO David Schamis stated: “This is a significant milestone for the company. PURR options enable our investors to better manage risk and tap into the fast-growing Hyperliquid high-performance ecosystem.”
Schamis noted that at the time of the options launch, Hyperliquid is seeing record growth—fueled by a surge in trading volume for perpetual contracts tied to tokenized real-world assets, including perpetual oil contracts. Just six months
7 minutes ago
Backpack Clarification: Polymarket User Attempting to Manipulate Coin Price is Not a Backpack Team Member
On March 25th, Backpack took to social media this morning to announce that a Polymarket trader held a large open position, betting BP’s fully diluted valuation (FDV) the day after its token generation event (TGE) would exceed $200 million.
As the settlement window neared, with BP’s price hovering around $0.19, a specific trader appeared to be purchasing large volumes of BP tokens in an attempt to push the price above $0.20 and win their Polymarket trade.
The Backpack team immediately launched an investigation. These traders are not insiders—they are not Backpack employees, directors, executives, advisors, nor do they have any affiliation with the platform. Backpack maintains a zero-tolerance policy for all forms of insider trading.
7 minutes ago
A whale went 40x short on BTC and 20x long on crude oil as a hedge; both positions are currently in the red
On March 25, LookOnChain monitoring reveals the whale that previously sold 255 BTC to short has opened two positions:
- A 40x short on 1,000 BTC (≈$70.7 million)
- A 20x long on 202,155 units of xyz:BRENTOIL (≈$19.25 million)
Both positions are currently in the red. The whale once held an unrealized gain of $25.16 million but now faces an unrealized loss of $33.39 million.
7 minutes ago