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Trader "Loracle" first takes profit on BTC and ZEC long positions, reducing holdings by a total of $6.69 million
Mars Finance reported that, on May 9, according to Hyperinsight monitoring, trader “Loracle” carried out consecutive take-profit actions on BTC and ZEC long positions within one hour. He reduced holdings in batches by 54.01 BTC (approximately $4.3206 million) and 4,274.29 ZEC (approximately $2.3772 million), for a total size of $6.6978 million. After this round of reduction, the sizes of the two major positions have narrowed, with the remaining positions as follows: BTC long positions: the position size has decreased to $21.2362 million, with current unrealized profit of approximately $479,900 (+45.20%); ZEC long positions: the position size has decreased to $18.0338 million, with current unrealized profit of approximately $6.7437 million (+373.95%). It is reported that this 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, several take-profit orders have not yet been executed.
Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae