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
Shiba Inu Defies Bearish Setup as Short Squeeze Lifts Price
Key Insights
Shiba Inu price surged despite bearish death cross signals as short liquidations intensified, driving a rapid upward move during low liquidity conditions.
A dragonfly doji and tightening Bollinger Bands supported bullish momentum, reinforcing a reversal pattern after sustained d
CryptoNewsLand6m ago
TradFi Fall Alert: SNOW (Snowflake) Falls Over 10%
Gate News: According to the latest Gate TradFi data, SNOW (Snowflake) has dropped by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews59m ago
ETH 15-minute drop of 0.69%: Price pressure from declining burn volume and short-term capital arbitrage
2026-04-09 18:00 to 2026-04-09 18:15 (UTC), ETH closed down 0.69% within a 0.88% intraday trading range, with the price fluctuating between 2203.91 and 2223.58 USDT. Trading volume in this range rose slightly, market attention stayed high, but short-term volatility increased, prompting investor caution.
The main drivers behind this unusual move are that ETH on-chain Gas fees have fallen to historical lows, causing the EIP-1559 burn amount to decline. As a result, the net-supply contraction effect weakened, and the supply-demand structure faced adjustment pressure in the short term. Meanwhile,
GateNews1h ago
BTC drops 0.62% over 15 minutes: exchange net inflows intensify and short-term arbitrage converges to trigger volatility
From 18:00 to 18:15 on April 9, 2026 (UTC), the BTC price return recorded -0.62%, closing in the range of 71857.8 to 72375.1 USDT, with a trading range of 0.72%. Market attention was notably elevated, volatility intensified, and capital moved quickly within a short period. Overall market sentiment has become more cautious, and investors’ willingness to trade in the short term has increased.
The main driving force behind this abnormal move is an increase in net inflows to BTC exchanges during the anomaly window; the 10-minute net flow reached 755.92 BTC, indicating that some investors chose to transfer funds to exchanges to seek arbitrage opportunities in the midst of the volatility issue
GateNews1h ago
TradFi Rise Alert: XAGUSD (Silver) Rises Over 2%
Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews1h ago
Zcash Price Rally Gains Pace as Shielded Pools Hit Record
Key Insights:
Zcash surged 25% daily and over 60% monthly as strong demand for privacy features drove increased investor participation across the network.
Shielded pool holdings reached $5.18 billion, showing over 31% of supply now locked in private transactions, signaling stronger user
CryptoNewsLand2h ago
