The Biggest HYPE Pause Begins Taking Profits After Raking in Fantastic Gains

By the end of February, a significant movement was detected in the on-chain Hyperliquid market. The largest HYPE whale—an institutional investor known as Loracle—began actively reducing their large positions after successfully securing substantial profits from leverage strategies executed months earlier. Recent data shows HYPE’s price has now reached $29.30, while the whale’s holdings have decreased to $46.2 million from their peak.

Strategic Moves in the Hyperliquid Ecosystem

According to Coinbob, the largest HYPE whale, also known as an early contributor to Hyperliquid, has started a series of profit withdrawals. This movement began after HYPE rebounded from a low of $27 in the past two days and surpassed the $30 level again.

This position liquidation strategy is being carried out gradually, with holdings steadily decreasing until this report was published. The value of the whale’s assets has fallen to $46.2 million from its peak, indicating they are in a consolidation phase and systematically taking profits.

Profitable Leverage Track Record

The profit journey of the largest HYPE whale started on January 12, when they opened a long position with 5x leverage at an average price of $22. Since establishing this position, profits have continued to grow, reaching a peak of $16 million during the market rally.

Now, with an average purchase price of $24.55 and the liquidation process underway, this whale has secured approximately $8.6 million in profits—though still below the highest peak ever reached. This liquidation operation is the first since the initial position was formed, indicating the investor is moving into a more aggressive profit-taking phase.

The Hyperliquid Initiator Behind the Scenes

Loracle, the X (@loraclexyz) username, is Laurent Zeimes, who has a solid reputation in the Hyperliquid ecosystem. He is known as one of the platform’s early contributors, founder of Hypurrfun, and actively involved in Hyperliquid contract market operations. The largest whale’s decision to start taking profits shows confidence in a price consolidation phase at a level favorable for large-scale investors like himself.