It's so easy to just idle, but making money is hard; all six cryptocurrencies are showing floating losses. Paying this tuition fee hurts a bit.

CryptoWorld News reports that trader Loracle has recently shifted to going long, with the HYPE long position size reaching $8.6 million. Previously, Loracel was HYPE’s largest short seller; it has now accumulated long positions across HYPE, ZEC, WLD, TON, ASTER, NEAR, and XMR. Among them, the HYPE long position is still its largest holding. It was opened yesterday with 2x leverage, and it has continued to add to the position today, bringing the size to $8.6 million. Loracel currently holds 892,500 HYPE spot tokens (worth approximately $60.7 million). After switching its contract-side positioning to long, its HYPE exposure has fully converted into a one-sided long exposure. At present, except for XMR, the long positions in the other six cryptocurrencies have all recorded unrealized losses to varying degrees.