Trader "Loracle" with a position size in the tens of millions going long gold and short crude oil, today's market movement resulted in bidirectional position losses of $1.1 million

MarsBitNews · 2026-03-23T07:59:12+00:00

Mars Finance reported that Hyperinsight monitoring shows that Loracle's PAXG and WTIOIL hedge portfolio has fallen into losses, with unrealized losses reaching $1.1 million on a position size of approximately $10.5 million. Meanwhile, the address has increased its long position in HYPE, with position size reaching $19.4 million at an average price of $37.67.

MarsBitNews

2026-03-23 07:59:12

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Mars Finance News: On March 23, according to Hyperinsight monitoring, due to today’s rise in crude oil and sharp decline in gold, “Hyperliquid early contributor Loracle” (0x8de) holding PAXG (gold) long positions and WTIOIL (WTI crude oil) short positions are both experiencing losses. The current unrealized loss totals $1.1 million, with a hedge portfolio size of approximately $10.5 million. Additionally, today this address continued to increase its HYPE long positions, pushing the total holdings to $19.4 million with an average price of $37.67. This address is owned by Loracle (X: loraclexyz), formerly Laurent Zeimes. Previously, on January 12, they precisely bottomed out HYPE at an average price of $22, with a peak position size reaching $52 million.

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