「Loracle」 reduced their HYPE long position near $30 to take short-term profits, lowering their position by over $20 million.
On February 24th, data from Coinbob Popular Address Monitoring (https://t.me/Coinbob_track_CN) shows that "Hyperliquid Early Contributor Loracle" first began trimming his HYPE long position on February 21st—when the token’s price rebounded above $30. As of press time, his position has dropped from around $46.2 million to $26.1 million, a reduction of over 43%. He is still slightly reducing his holdings today.
Currently, he holds a 5x-leveraged HYPE long position with an average entry price of $24.55, boasting an unrealized profit of roughly $1.51 million.
This position was established on January 12th at an average price of $22 and subsequently gradually rolled over. At its peak, the position size hit $52 million, with unrealized profits topping $16 million—at one point making it the largest on-chain long position for HYPE.
Loracle (X: @loraclexyz), originally known as Laurent Zeimes, is active in the Hyperliquid ecosystem. He is regarded as an early contributor, founder of Hyp
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If Bitcoin drops below $62,000, the mainstream CEX long liquidation volume will reach 665 million.
On Feb 24, per Coinglass data:
- If Bitcoin (BTC) falls below $62k, cumulative long liquidations across major centralized exchanges (CEXs) will hit $665 million.
- Conversely, if BTC surges past $66k, cumulative short liquidations on major CEXs will reach $840 million.
BlockBeats Note:
Liquidation charts do not show the exact number or value of contracts up for liquidation. Instead, their bars reflect the relative significance of each liquidation cluster (vs. nearby clusters)—i.e., "strength." This means the charts signal how strongly BTC’s price will react at a given level: higher bars indicate a more intense response driven by liquidity cascades.
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Trump's "Peace Committee" Plans to Advance USD Stablecoin Pilot in Gaza
February 24 — Foreign media outlets reported that former U.S. President Donald Trump’s “Board of Peace” is exploring launching a U.S. dollar-backed stablecoin to help revitalize Gaza’s stagnant economy. The project remains in early stages, with goals to restrict cash flow to Hamas and advance development of a digital payment system.
Led by Israeli tech advisor Liran Tancman, the initiative involves Gaza’s newly established National Committee for Advancing Gazan (NCAG) and the Board of Peace, which will develop relevant regulatory frameworks. The proposed stablecoin will not replace the Israeli Shekel but will support electronic payments, financial services, and digital business activities — addressing challenges of damaged local infrastructure and limited cash circulation.
However, concerns have been raised that the move could deepen economic separation between Gaza and the West Bank, while Gaza’s power and internet infrastructure remain relatively underdeveloped. Stakeholders no
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WLFI is planning to develop a tokenized luxury resort in the Maldives, while the Trump "Peace Commission" is exploring launching a USD stablecoin in Gaza
February 24
Multiple sources report that Trump-backed crypto project World Liberty Financial (WLFI) plans to build a luxury resort in the Maldives featuring 100 beach and overwater villas, and launch tokenized fundraising during its development phase. WLFI notes this move will make early-stage "high-profit development gains" from commercial real estate accessible to token holders, with associated tokens projected to offer investors fixed income and a share of loan revenue.
Meanwhile, Trump’s Board of Peace is exploring a U.S. dollar-pegged stablecoin launch to support digital payments and financial services in the Gaza region. Led by Israeli tech advisor Liran Tancman, the initiative involves Gaza’s newly formed National Committee for Advancing Gaza (NCAG) and the Board of Peace to establish a regulatory framework. The stablecoin will not replace the Israeli Shekel; instead, it will facilitate electronic payments and digital commerce to mitigate local infrastructure damage and cas
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ZachXBT Teases Explosive Investigation Triggering Speculation: Alleged Insider Trading at "Most Profitable Crypto Company," Market Predictions, and Trump-Linked Project Called Into Question
On February 24, on-chain detective ZachXBT announced he will release a major investigation on February 26 targeting one of the crypto industry’s most profitable firms—alleging multiple employees engaged in prolonged insider trading by misusing internal data.
In the wake of the announcement, several crypto KOLs took to social media to weigh in. @spacexbt noted that if the probe targets a prediction market platform, employees would theoretically have access to sensitive data—including outcome determination rules, market maker positions, liquidity metrics, and user order flow. Combined with past reports of “unusually high win rates” and massive profits on such platforms, this long-running information asymmetry is notable. Earlier reports also flagged suspected advance betting on geopolitical events via Polymarket, reigniting community chatter about insider trading.
Additionally, Crypto Rug Muncher targeted crypto projects linked to the Trump family, claiming that during the recent $
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