LoraCle boosts long position in HYPE to 53 million USD, gaining over 17 million USD in unrealized profits

On February 3, Onchain Lens reported that HYPE’s price surpassed 36 USD. LoraCle’s investment in HYPE has accumulated substantial unrealized profits.

LoraCle now holds a long position of 1,478,841 HYPE tokens worth 53 million USD, and a modest short position in LIT with 3x leverage, totaling unrealized profits exceeding 27.5 million USD.