BlockBeats News, February 4 — According to Coinbob’s popular address monitoring, “Hyperliquid early contributor Loracle” opened a 20x leveraged BTC and ETH short position today with a scale of 56 million USD. Both short positions are currently showing unrealized losses. Additionally, during the rise of spot gold, they simultaneously opened a 10x leveraged PAXG (on-chain gold) long position. The main holdings are as follows:
HYPE (5x long): approximately $49.67 million in position size, average price $24.37, unrealized profit about $13.63 million (+137%).
ETH (20x short): approximately $29.49 million in position size, average price around $2207, unrealized loss about $930,000 (-64%).
BTC (20x short): approximately $27.08 million in position size, average price around $74467, unrealized loss about $737,000 (-56%).
PAXG (10x long): approximately $3.02 million in position size, average price around $4985, unrealized profit about $63,000 (+20%).
Compared to yesterday, the account’s position size increased from $50 million to $110 million. The current HYPE long position’s unrealized profit has retraced about $6 million since yesterday. The large-scale establishment of BTC and ETH short positions may be intended to hedge against their substantial HYPE long holdings. They remain the largest on-chain HYPE whale.
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
Binance OTC Flow Picks Up as Institutions Rotate Back Into Bitcoin
Binance reports that its OTC desk volume reached 25% of 2025's total within just the first two months of 2026, indicating faster institutional investments. Notably, Bitcoin's share in OTC activity surged, reflecting increased demand from institutional investors.
CryptoNewsFlash4m ago
Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut
Trump may be ready to walk away from the Iran war. Markets aren't sure what that means yet.
Bitcoin traded at $67,545 on Tuesday morning, roughly flat over 24 hours after recovering from a dip below $65,200 that briefly marked its lowest level since the war began in late February. Ether held
CoinDesk6m ago
Crypto Starts Pricing In Quantum Risk as Bitcoin, Ethereum and Solana Split on Strategy
The essay discusses how Bitcoin, Ethereum, and Solana are addressing quantum risk in varying degrees. While Bitcoin remains cautious and divided over the threat, Ethereum is proactively planning upgrades, and Solana is testing modular solutions. Overall, the crypto community is beginning to take quantum risks seriously, with ongoing research and proposals emerging.
CryptoNewsFlash16m ago
Bitcoin holds at 67,500 USD as Trump hints that the Iran war could end
Bitcoin remains stable around $67,500 as speculation grows about Donald Trump's potential to de-escalate tensions with Iran. This stability reflects a cautious investor sentiment amid broader market volatility driven by geopolitical concerns.
TapChiBitcoin17m ago
Strategy, BitMine and Robinhood Slide to Monthly Lows as Bitcoin Extends Pullback
Bitcoin's recent decline to its lowest level since March has negatively impacted related equities, including Strategy, BitMine, and Robinhood, all dropping to monthly lows as traders de-risk the sector.
CryptoNewsFlash18m ago
Bitcoin holds at $67,500! Trump sends out a ceasefire signal—what will the market do next?
On March 31, 2026, the Bitcoin price has been trading in the vicinity of $67,500, showing a certain level of resilience despite uncertainty surrounding the situation in the Middle East. The market is watching for signals from Trump regarding an end to the Iran conflict, which is boosting sentiment for risk assets. Volatility in global markets is increasing, and the crypto market continues to perform better than traditional assets. Analysis suggests that Bitcoin has strong shock-absorbing capacity. Going forward, attention will be on the progress of the war and its impact on liquidity and inflation.
GateNews19m ago
