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Trader "Loracle" Daily Profit Nears $10 million, Total Position Size Reaches $112 million

2 hours ago

May 7 — According to the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN), Hyperliquid’s renowned trader “Loracle” has amassed over $35.4 million in profits over the past six months since launching his first trade in August 2023. From yesterday through today, driven by a drop in crude oil prices alongside gains in BTC and major popular altcoins, his long and short positions both performed well, resulting in a daily profit of almost $9.8 million. During today’s portfolio rebalancing, the trader closed a Brent crude short position at $98, locking in roughly $990,000 in profits. He still holds a $13.7 million Brent crude short position, with ~$1.67 million in unrealized profits, and remains bearish on the commodity. His other key positions include: $26 million in BTC longs, $18.9 million in ZEC longs, $10 million in TON longs; and a $39 million HYPE short. Total account holdings currently stand at $112 million, with aggregate unrealized profits of ~$8.7 million. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae
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Pakistani Official: Pakistan is preparing for potential US-Iran talks

**May 7 – A Pakistani official said Wednesday that relevant Pakistani departments held a meeting in the capital Islamabad to prepare for potential U.S.-Iran negotiations and even an agreement signing ceremony that could take place in Islamabad.** **Separately, another Pakistani source noted that on the same day, Pakistani military, police and other relevant personnel held a joint meeting in neighboring Rawalpindi to discuss security measures for upcoming U.S.-Iran talks scheduled for next week.** **(Xinhua)** *(Note: "Wednesday" aligns with the 202X May 7 context; adjust to the actual weekday if needed, or keep "on May 7" for generality.)*

7 minutes ago

Hyperliquid S&P 500 Largest Long Position Takes First Profit: Closed $10 million, Position Still Holds $64 million

**On May 7, HyperInsight monitoring (via https://t.me/HyperInsight) reports the holding size on Hyperliquid peaked at $74 million, with the largest long position tied to the S&P 500. After nearly a month of heavy positioning, the holder executed their first profit-taking move—accumulating over $4.2 million in floating profits during that stretch.** **In the past two hours, the address has gradually closed ~$10 million in positions around the $7,370 level, realizing ~$550k in realized profits. Post-reduction, it still maintains a 5x leveraged S&P 500 long: remaining size = $64 million, average entry price = $6,946, and the position remains solidly long.** **Relevant address: 0xd47587702a91731Dc1089B5DB0932cF820151A91**

7 minutes ago

The Israeli military has issued an evacuation warning to residents of southern Lebanon.

May 7 — Iran’s Tasnim News Agency reports the Israeli military has warned residents of three settlements in Lebanon’s southern Nabatieh Governorate — Dir al-Zahrani, Bluffdale and Habbush — to evacuate their homes. Separately, video footage shows an Israeli drone flying over Zahrani in southern Beirut.

7 minutes ago

The U.S. M2 Money Supply Reaches All-Time High

As of March 2026, U.S. M2 money supply hit a record $22.7 trillion, per Barchart data as of May 7. M2 encompasses cash, checking deposits, and near-cash assets; its growth reflects the effects of Federal Reserve monetary policy and expanded economic liquidity.

7 minutes ago

New York Mellon Bank to Expand Crypto Custody Business to Abu Dhabi, Initially Supporting BTC and ETH

On May 7, BNY announced it will expand its cryptocurrency custody business to the global market in Abu Dhabi, UAE, through partnerships with Finstreet and the ADI Foundation, offering custody services for institutional clients. Initially, the service will support Bitcoin (BTC) and Ethereum (ETH) custody. The three parties will also explore extending the service to the ADI Foundation’s underlying blockchain infrastructure, with plans to gradually expand to stablecoins, real-world asset tokenization, and other regulated digital assets.

7 minutes ago

Binance US Lists Low-cap Meme Coin, Suspected Rug Pull Schemes Abound

On May 7, crypto analyst @SpecterAnalyst noted that Binance US unexpectedly listed low-cap meme coin USDUC yesterday—with alleged insiders netting over $417,000 in profits. On-chain data shows several wallets received funds from Kraken, MEXC, and Coinbase hours before the listing announcement. These wallets bought USDUC at low prices in the early morning, then cashed out for massive gains ranging from $45,000 to $137,000 as the listing lifted the token’s value. Per GMGN market data (link: https://gmgn.ai/sol/token/i_m4TE56o8_CB9dDufT3ZuQXqqSfa1c5kY935TEreyBw9XJXxHKpump), USDUC currently has a $16.94 million market cap and $24.1 million in 24-hour trading volume.

7 minutes ago