Trader 'Loracle' Fingers Top Short AI New Star CBRS, Profits Nearly $2 Million, Partially Takes Profits
May 18 update: Per Coinbob’s Telegram-based Popular Address Tracker, leading Hyperliquid trader “Loracle” pulled in nearly $2 million in gains by shorting CBRS (Cerebras)—marketed as “NVIDIA’s strongest AI challenger”—during the latest market sell-off. Starting yesterday morning, Loracle has been systematically taking profits on this CBRS short: his position size has dropped from $11.3 million to $6.47 million, with an unrealized profit of $1.52 million (a 40% return).
To recap context: Cerebras (CBRS), the AI startup pegged as NVIDIA’s top rival, rallied sharply on its Nasdaq debut last week—prompting Loracle to open a short position on the stock.
Earlier, after Mizuho Securities raised its buy-target price, Loracle established an $8 million short position on SNDK. He’s now locking in partial profits here too, trimming the position to $5.1 million, with an unrealized gain of $0.85 million (a 57% return).
As of press time, both short positions on these two U.S. stocks are stil
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Upbit will list TRAC KRW, BTC, and USDT trading pairs
On May 18, Upbit will list TRAC, offering trading pairs against KRW, BTC, and USDT.
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Jupiter Strategic Reserve Trust Fund has increased its holdings by approximately 315,000 JUP, bringing the total position value to around $24.43 million.
May 18: The Jupiter Strategic Reserve Trust Fund—often jokingly dubbed the "Litterbox Trust" by the Jupiter community—added 315,152 JUP to its holdings yesterday, worth roughly $61,000. So far this month, the fund has accumulated 8,392,832 JUP in open-market purchases, totaling approximately $1.64 million. Its cumulative JUP buys now stand at 124,554,971 tokens, coming out to about $24.43 million overall.
For background: The Jupiter Strategic Reserve Trust is Jupiter’s official on-chain treasury. It automatically receives 50% of all revenue generated by the Jupiter Protocol and uses a smart contract to continuously acquire and hold JUP tokens on the open market.
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Rare Accuracy! Tom Lee's New Year Script "Wash Up, Market Down" Has Been Half Fulfilled
Federal Reserve Chair Powell’s term officially concluded on May 15. A day prior, the U.S. Senate confirmed Wash’s nomination as Fed Chair by a narrow 54-45 vote.
What stands out most: On Wash’s first day in office, the mid-term upward trends of both the U.S. stock market and Bitcoin hit a synchronized stop. The S&P 500 index, which peaked at 7501 on May 14, immediately pulled back afterward. Bitcoin, meanwhile, couldn’t break through the $82,000 mark on May 15 and reversed direction, experiencing several sharp declines in recent days—currently trading just barely above $77,000.
Though Tom Lee, Chairman of BitMine, has been mocked for his repeated "brain-dead bullish" calls on cryptocurrency since taking his post, this so-called "Wall Street Oracle" has already seen half of his forecast come true. On January 8 this year, Lee told CNBC in an interview that 2026 would be a year of "joy, depression, and rally," similar to 2025. He noted the market would at times feel like it’s tipping in
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The BTC Whale Who Bought the Dip on October 11th is Still Holding Strong, Facing a 12x Unrealized Loss Compared to Initial Investment
May 18: Per monitoring from Hyperinsight (via Telegram channel @HyperInsight), address 0x860 has emerged as the largest underwater whale holding BTC long positions on Hyperliquid.
This whale entered a BTC long position at the bottom 220 days ago — specifically on October 11 last year — following the market crash, with 29x leverage, at an average entry price of $109,632, and a total position size of $13.2 million.
Initially, this long position generated substantial unrealized gains for the whale within 10 days. However, after BTC dropped below its average entry price on October 30 last year, the position never returned to break-even. As of press time, the whale still hasn’t closed the position and remains holding on, with the current unrealized loss standing at $3.94 million — roughly 12 times the initial investment.
Estimates show that given the address’s multimillion-dollar total fund size, the $13.2 million position translates to an actual leverage ratio of about 1.1x. But the unr
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A trader holds 21,911 SOL tokens and liquidates the position two years later, realizing a loss of $1.05 million
On May 18, per monitoring from on-chain analytics platform LookOnChain, trader GyBRmk sold 21,911 SOL tokens worth $1.85 million after holding them for over two years, taking a $1.05 million loss on the move.
Over the past two years, the trader accumulated 20,200 SOL at an average price of roughly $144, bringing their total initial investment to $2.91 million. They staked these SOL holdings to earn an additional 1,711 tokens in staking rewards, valued at $145,000. However, a sustained drop in SOL’s price ultimately left them with an overall net loss of $1.05 million.
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