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Trader Bags $638K in 1 Hour on BERA Short

A trader earns $638K in one hour shorting $BERA and holds a massive $HYPE position, pushing total Hyperliquid trading profit past $32M.

  • A trader made $638K in one hour by shorting $BERA.
  • He holds a $46.45M long position in $HYPE.
  • His total Hyperliquid trading profit exceeds $32M.

A well-known on-chain trader, loracle.hl (@loraclexyz), just pulled off an impressive move on Hyperliquid. He generated a massive Hyperliquid trading profit of $638,000 in just one hour by shorting $BERA at the perfect moment.

The move started when $BERA broke above the $1 mark. Instead of chasing the rally, he began opening short positions. As the price continued climbing to $1.33, he kept adding to his short position, showing strong conviction in a price reversal.

Soon after, the market turned. $BERA dropped sharply back below $1. That’s when he closed his entire position, locking in $638K in profit — all within a single hour.

This trade highlights how fast-paced and volatile crypto markets can create huge opportunities for experienced traders.

Massive $HYPE Position Revealed

Beyond the $BERA trade, the trader is also making headlines for his long position in $HYPE. He is currently the largest $HYPE long holder, holding 1.53 million $HYPE tokens valued at around $46.45 million.

This massive exposure shows his confidence in the asset and in the broader ecosystem. Holding such a large position also suggests a high-risk, high-reward strategy. If $HYPE continues to rise, his portfolio could expand significantly. However, large positions also carry substantial risk if the market turns.

Over $32M in Hyperliquid Trading Profit

The recent $638K gain is just a small part of a much bigger picture. His total Hyperliquid trading profit has now surpassed $32 million.

Such consistent performance puts him among the top traders on the platform. It also shows how derivatives trading, especially shorting and leverage, can generate outsized returns — though it requires deep market knowledge and strong risk management.

While not every trader can replicate this success, the trade serves as a powerful example of how timing, strategy, and conviction can lead to major gains in crypto markets.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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