BlockBeats News, February 12 — According to Coinbob’s popular address monitoring, BERA’s price surged to $1.36 this morning, then quickly fell over 35% within 15 minutes, dropping to a low of $0.88. Trader “Hyperliquid early contributor Loracle” gradually built a short position between $1 and $1.33 during this period, with a peak holding size of $3.8 million. When the price dropped near $0.9, this address closed all positions to take profit, completing the operation in just 4 hours and earning $630,000, with a return of nearly 50%.
This address has recently continued to employ a composite hedging strategy, while heavily holding HYPE long positions and significantly shorting BTC. Currently, this whale ranks as the largest long position holder in HYPE and PAXG and the largest short in BTC on the Hyperliquid platform, with a total position size of $107 million and an unrealized profit of nearly $11 million.
Loracle (X: loraclexyz), formerly Laurent Zeimes, is active within the Hyperliquid ecosystem and is regarded as one of the early contributors. He is the founder of Hypurrfun. Recently, he has been active in Hyperliquid’s derivatives market, averaging $22 to bottom out HYPE, and has not yet closed his position.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Retail Investors Lose $4.3B As Trump Family Linked Memecoins Collapse
The launch of Melania Meme ($MELANIA) and Official Trump ($TRUMP) tokens led to severe losses for retail investors, with declines of 98.8% and 91.8% respectively. Insiders gained over $600M while ordinary investors faced cumulative losses exceeding $4.3B.
BlockChainReporter23m ago
WLFI Token Drops as Senators Demand UAE Investment Probe
The WLFI token dropped 8% amid U.S. Senators' concerns over the UAE's stake in World Liberty and potential national security risks. Despite scrutiny and calls for a CFIUS review, the company continues to grow, expanding into the forex market with a new platform.
CryptoFrontNews2h ago
Market Report: Top 5 cryptocurrencies by decline on February 21, 2026, with Aave experiencing the largest drop
GateNewsBot2h ago
Market Report: Top 5 Cryptocurrency Gainers on February 21, 2026, led by Morpho
GateNewsBot2h ago
10x Research: Altcoin Market Is Fragile and Bitcoin Is Oversold, but Positioning Structure Is Quietly Changing
The current crypto market is changing, with Bitcoin oversold and altcoins generally fragile. Optimism (OP) is under pressure, recently dropping by 24.4%. The partnership between the Base blockchain and OP Stack has ended, and Optimism has launched a token buyback program. Ether.fi has migrated its operations to the OP mainnet, providing fundamental support for OP.
GateNewsBot4h ago
Cardano Faces Key Support Test at $0.244 Amid Market Uncertainty
Key Insights:
Cardano’s price has retreated to $0.281 after reaching $0.30, amid profit-taking and market uncertainty.
$0.244 remains a key support level for Cardano, with traders watching it closely for potential price stability.
New developments in Cardano’s ecosystem, including USDCx an
CryptoFrontNews4h ago
