On June 4, a significant shift in trading strategy was observed by Hyperinsight. According to BlockBeats On-chain Detection, former major short-seller 'Trader Loracle' has transitioned to a predominantly long position across several cryptocurrencies, including HYPE, ZEC, WLD, TON, ASTER, NEAR, and XMR.
The largest investment remains in HYPE, where Loracle opened a position with 2x leverage. Despite a price decline, the trader continued to increase holdings, reaching a scale of $8.6 million. Currently, Loracle holds 892,500 HYPE tokens, with a total exposure now fully shifted to a long position.
While the XMR position remains unaffected, the other six cryptocurrencies have experienced varying degrees of unrealized losses. The address associated with these trades is 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.
Trader Shifts Strategy to Long Positions on Multiple Cryptocurrencies
2026-06-04 10:14:39
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
香港銀行公會代表團訪問泰國促進交流