Loracle, an early contributor to Hyperliquid, has seen its PAXG (on-chain gold) position turn negative after the spot gold price fell below $5,000 per ounce. The position, established before February 4, had an average entry price of $5,047 and a size of approximately $7.86 million, resulting in an unrealized loss of $60,000 (-3.8%). In addition to PAXG, Loracle is heavily invested in HYPE and ZEC, with recent limit orders to buy 20,000 HYPE near $28. Loracle's total position size on the Hyperliquid platform is $63.2 million, with an overall unrealized profit of $6.7 million. Loracle, also known as Laurent Zeimes, is a prominent figure in the Hyperliquid ecosystem and the founder of Hypurrfun.