Trader 'Loracle' Initiates BTC and ZEC Long Position Take-Profit for the First Time, Realizing a Cumulative $6.69 Million Sell-off
BlockBeats News, May 9th, according to Hyperinsight monitoring, trader "Loracle" initiated consecutive take-profit operations on BTC and ZEC long positions within one hour, selling off 54.01 BTC (approximately $4.32 million) and 4,274.29 ZEC (approximately $2.377 million), with a total scale of $6.6978 million. After this round of selling, the scale of the two major positions has shrunk, and the remaining positions are as follows:
BTC Long: The position size has decreased to $21.2362 million, with the current unrealized profit of about $479,900 (+45.20%);
ZEC Long: The position size has decreased to $18.0338 million, with the current unrealized profit of about $6.7437 million (+373.95%).
It is reported that the trader is the largest long on ZEC and TON and the largest short on HYPE on Hyperliquid, with a total account position size of $100 million. As of now, there are still several take-profit orders awaiting execution.
Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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