Loracle Liquidates All HYPE Short Positions, Suffers Over $46 Million in Losses
June 2nd: According to monitoring by OnchainLens, trader and institutional account Loracle (@loraclexyz) has fully closed out his widely publicized previous short position in HYPE, with total accumulated losses topping $46 million.
Recently, HYPE has kept hitting new all-time highs and rising against the broader trend, triggering substantial liquidations or forced unwinds for numerous high-leverage short positions. Loracle’s full exit from the HYPE short market makes this trade one of the most prominent examples of massive losses during this round of HYPE’s bull run.
Right now, Loracle has shifted his trading focus to other assets: he holds long positions in ZEC (10x leverage), TON (5x leverage), ASTER (5x leverage), and XMR (5x leverage), while maintaining a 5x leverage short position in TSLA (Tesla).
8 minutes ago
「Morning Whale Report」: Whale Long Dominance, Major Cryptos and US Stock Indices See Multi-Million Dollar Long Positions
June 2 — Per Hyperinsight Monitoring (t.me/HyperInsight), as of noon ET, all large-scale position holders (with positions worth $10 million or more) among the highest-trading-volume U.S. stocks and crypto assets on Hyperliquid are holding long positions, indicating a bullish market sentiment.
Key position details:
- BTC: 40x Long, $13.4M position, average entry price $70,948, liquidation price $68,491
- ETH: 25x Long, $12M position, average entry price $2,002, liquidation price $1,901
- HYPE: 10x Long, $20.1M position, average entry price $73.4, liquidation price $68.18
- XYZ100: 20x Long, $10.01M position, average entry price $30,286.6, liquidation price $29,258.5
- NVDA: 3x Long, $21.76M position, average entry price $223.7, liquidation price $105.9
Relevant on-chain addresses:
0x76fe28b803eeba445c34afc2f914e6bcb71112fd, 0x57f2819c959abbcf22623d5ec1d3164b213e9711, 0xc6fee72e2dfb27d75c282747f268738c7bc179b1, 0x960bb18454cd67b5a3edb4fa802b7c0b5b10e2ee, 0x577ae91c7b74f04ddb3a5b399ded8
8 minutes ago
Kelp DAO Hacker Has Successfully Laundered Funds, with Approximately $220 million of Unfrozen Funds Almost Entirely Moved Out of Traceability
As of June 2, the April cross-chain bridge attack on Kelp DAO resulted in the theft of roughly $292 million in assets. Of that total, about $71 million in ETH has been frozen, while the remaining $220 million has been mostly laundered. The attacker’s original wallet now holds just around $1.7 million in assets. On-chain analysis indicates the hacker deployed privacy tools including THORChain, Wasabi, Tornado Cash, and Umbra to carry out multiple rounds of cross-chain swaps and coin mixing, leaving the majority of the stolen funds untraceable.
Investigators previously identified the attack as the work of North Korean hacker group Lazarus Group (also known as TraderTraitor/UNC4899). The day after the breach, the attacker split roughly 75,700 ETH — worth approximately $175 million at the time — into several new addresses, bridged the funds to the Bitcoin network via THORChain, then mixed them using Wasabi CoinJoin and Tornado Cash. This activity briefly pushed THORChain’s daily transacti
8 minutes ago
Spot Gold Surges Above $4,500
On June 2nd, according to Bitget market data, the spot gold price has broken above the $4,500-per-ounce level, currently trading at $4,501.02, marking a 0.36% intraday gain.
8 minutes ago
Binance US Stock Debut Observation: Crypto Natives Prefer Nano Stocks, $600 Million Trading Volume Faces "Infinite Dilution"
On June 2, market data shows that on Binance U.S.’s first day of U.S. stock trading, a total of 11 U.S. stocks posted trading volumes topping $100 million, including:
Wokey Medical (WOK): $394 million
Virgin Galactic (SPCE): $287 million
NVIDIA (NVDA): $215 million
Zhongchao Medical (ZCMD): $212 million
Nokia (NOK): $174 million
Intel (INTC): $136 million
Sphere 3D (ANY): $128 million
Optimum (OPTU): $125 million
AMC Entertainment (AMC): $117 million
Hewlett Packard Enterprise (HPE): $116 million
Abits (ABTS): $104 million
Many of these stocks are small-cap, micro-cap, or even nano-cap equities. Sphere 3D carries a market capitalization of just $17.06 million and saw a 28.11% post-market surge, while Abits has a market cap of only $6.3484 million, rallying 40% in after-hours trading. Both nano-caps were in a prolonged downtrend ahead of Binance U.S.’s U.S. stock trading launch, with notable price movements occurring exclusively in after-hours sessions.
Notably, Wokey Medical (WOK) an
8 minutes ago
BiyaPay Analyst: Jensen Huang Invests in AI PC, ARM Surges by 18%, NVIDIA Market Cap Soars by $319 Billion
June 2, NVIDIA CEO Jensen Huang officially unveiled the RTX Spark — an AI PC chip integrating an Arm CPU, Blackwell GPU, and unified memory — during his GTC Taipei keynote, with the core goal of enabling PCs to run AI agents locally.
According to BiyaPay market data, U.S. AI sector stocks rallied broadly following the event: NVIDIA climbed more than 6%, adding roughly $319 billion to its market capitalization in a single day. ARM surged over 18% intraday, hitting a new all-time high for its stock price. Microsoft rose approximately 2.3%. Separately, Huang referenced Nebius during his Computex keynote, pushing NBIS up more than 18%; his remark that “AI is more likely to promote rather than destroy software demand” also lifted ServiceNow and Snowflake by around 10% each.
BiyaPay analysts pointed out that as AI shifts from the cloud to the edge, focus on U.S. computing power, architecture, and software sectors will grow. However, individual stock volatility is expected to intensify in t
8 minutes ago
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