Loracle further scaled down his leveraged HYPE holdings by over 67% from recent highs, locking in substantial profits while maintaining exposure to the token’s market movements.
On February 25, Hyperliquid contributor Loracle reduced his HYPE long positions from $26.1 million to $17.12 million, marking a more than 67% drop from February 21 highs. He continues to hold 5x leveraged HYPE longs at an average price of $24.55, with $1.96 million in current profits. Loracle’s combined monthly gains from HYPE and PAXG trades amount to $20.13 million, reflecting active profit-taking amid volatile market conditions.