TON has surged 55% over the past two days, climbing above the $2 mark, driven by strong market momentum. Prominent trader Loracle has taken a significant long position on the Hyperliquid platform, leveraging $3.2 million with 5x leverage. This move has resulted in an unrealized profit of $180,000, or 27%, with an average entry price of $1.989. This position is currently the largest long on TON within the platform.