On February 12, according to Lookonchain monitoring, trader loracle.hl made a profit of $638,000 within just one hour by shorting BERA. After BERA broke above $1, he started shorting and kept adding to his position until the price reached $1.33. When the price dropped below $1 again, he closed his position, locking in a $638,000 profit, all within one hour. He is also the person holding the largest HYPE long position, with 1.53 million HYPE tokens (worth $46.45 million).
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A trader shorted BERA, earning $638,000 in profit within 1 hour
On February 12, according to Lookonchain monitoring, trader loracle.hl made a profit of $638,000 within just one hour by shorting BERA. After BERA broke above $1, he started shorting and kept adding to his position until the price reached $1.33. When the price dropped below $1 again, he closed his position, locking in a $638,000 profit, all within one hour. He is also the person holding the largest HYPE long position, with 1.53 million HYPE tokens (worth $46.45 million).