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Crypto
Trader 'Loracle' Closes $15M Long Position on HYPE
12/01/2025, 12:06
AI SUMMARY
●Trader Loracle closed a 460k HYPE long position (~$15M) prior to market volatility.
●Trader has reportedly flipped bias, placing short orders around the $34.5-$35 level.
Market participants are tracking the activity of notable trader "Loracle," who reportedly closed a long position of 460,000 HYPE (valued at approximately $15 million) shortly before a market movement.
Subsequent to closing the long position, reports indicate the trader has placed significant short orders in the $34.5 to $35 price range.