Trader "Loracle" Daily Profit Nears $10 million, Total Position Size Reaches $112 million
May 7 — According to the Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN), Hyperliquid’s renowned trader “Loracle” has amassed over $35.4 million in profits over the past six months since launching his first trade in August 2023.
From yesterday through today, driven by a drop in crude oil prices alongside gains in BTC and major popular altcoins, his long and short positions both performed well, resulting in a daily profit of almost $9.8 million.
During today’s portfolio rebalancing, the trader closed a Brent crude short position at $98, locking in roughly $990,000 in profits. He still holds a $13.7 million Brent crude short position, with ~$1.67 million in unrealized profits, and remains bearish on the commodity.
His other key positions include: $26 million in BTC longs, $18.9 million in ZEC longs, $10 million in TON longs; and a $39 million HYPE short. Total account holdings currently stand at $112 million, with aggregate unrealized profits of ~$8.7 million
13 minutes ago
Prominent Trader: Shorting Too Early Was a Mistake, Stop-Loss Moved to $84,000, Still Holding Bearish View
**May 7th**
Renowned trader Killa (@KillaXBT) acknowledged in a recent post that he entered his short-term short position too early—saying he “didn’t wait for clear confirmation and broke his own rules.” While the short position remains open, he’s adjusted the stop-loss level to $84,000.
Though Killa notes the short is “likely to get stopped out at that $84k level,” he still holds a bearish outlook. He pointed out bear markets typically last 300–400 days, and we’re only 212 days into the current cycle—suggesting this is an accumulation phase.
For short-term trends: Bitcoin has already liquidated low-leverage short positions, and there’s a large number of long positions stacked below current levels. With no clear bearish structure in place right now, he says this is neither an ideal short-term long setup nor a reason to short blindly. Traders should wait for clear structural confirmation.
As a BTC-focused quant trader, Killa accurately called the peak of this bull market back
13 minutes ago
BSC Ecological Token BILL Market Cap Surges to $17 million, 24-hour Growth Rate Reaches 44%
On May 7, GMGN monitoring data shows that BSC ecosystem token **BILL** surged 10% in the past hour, hitting a new all-time high market cap of $17.2 million. It currently trades at a $16.5 million market cap, with a 24-hour gain of 44% and a corresponding trading volume of $143 million.
BILL is the native token of the Billions Network, a verification network focused on human-AI trust connections. The project aims to enable identity verification and trust linkage between individuals and AI Agents without exposing private data. It has been on a steady uptrend since launching on Binance Alpha on May 4.
Links:
- GMGN monitoring: [https://t.me/gmgnaibot?start=i_m4TE56o8](https://t.me/gmgnaibot?start=i_m4TE56o8)
- BILL token details: [https://gmgn.ai/bsc/token/i_m4TE56o8_0xdf24f8c21cb404b3031a450d8e049d6e39fc1fa5](https://gmgn.ai/bsc/token/i_m4TE56o8_0xdf24f8c21cb404b3031a450d8e049d6e39fc1fa5)
13 minutes ago
Suspected BIT-Linked Address Started Selling 4 Hours Ago, Dumping $17.4 Million - HYPE
On May 7th, blockchain analytics firm LookOnChain reported that a suspected BIT-linked address deposited 403,289.5 HYPE (valued at roughly $17.4 million) into Hyperliquid four hours ago and began selling the token.
So far, the address has sold 100,000 HYPE, netting 4.24 million USDC in proceeds.
13 minutes ago
1inch Clarifies Unaffected by TrustedVolumes Exploit, User Funds Safe
On May 7, 1inch took to Twitter to clarify misleading reports surrounding the TrustedVolumes vulnerability incident. Neither 1inch nor any of its protocols were impacted by the event, ensuring the security of its systems, infrastructure, and user funds.
TrustedVolumes is an independent liquidity provider used by multiple protocols across the industry—it is not exclusive to 1inch. 1inch noted it is actively monitoring the situation and collaborating with relevant security parties.
In a prior report, an attacker stole roughly $5.87 million from TrustedVolumes. The attacker exploited a public function to register as an AllowedOrderSigner, then executed orders to transfer pre-approved funds from victim addresses.
13 minutes ago
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