According to BlockBeats, on May 6, Hyperliquid trader Loracle opened a 5x leveraged long position in TON worth $3.2 million as the token broke above $2 this morning. The position, with an average entry price of $1.989, has already generated $180,000 in unrealized gains (27% return). TON surged 55% over the past two days, according to Hyperinsight monitoring data. Loracle is currently the largest long holder of TON on Hyperliquid.

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