Hyperliquid Investor Rakes in Over $11 Million

An on-chain trader named Loracle is grabbing major attention on Hyperliquid, a standout derivatives trading platform in the crypto space.

According to shared data, Loracle has topped the weekly profit leaderboard with gains exceeding $11 million in the past 7 days.

Notably, most of the profits stem from early long positions in ZEC and TON, indicating that this trader had a sharp entry point before the market made significant moves.

ZEC, TON, and Crude Oil Shine

In the past week, Loracle's biggest gains came from long positions in ZEC, long positions in TON, and short positions in crude oil.

The fact that this trader closed both short positions in WTI and Brent right at the bottom of the previous day has caught the market's attention. Many believe this is a prime example of excellent timing in trading.

Currently, the most profitable positions in Loracle's account include two long orders in ZEC worth approximately $20.9 million and one long order in TON worth $9.6 million.

The unrealized profit from these positions is estimated to be around $9.7 million.