A trader identified as loracle.hl secured a $638,000 profit within an hour by shorting BERA, according to Lookonchain monitoring. The trader initiated short positions after BERA's price exceeded $1, adding to these positions as the price climbed to $1.33. Upon the price dropping back below $1, loracle.hl closed the positions, realizing the substantial gain. Additionally, loracle.hl holds the largest number of HYPE long positions, totaling 1.53 million contracts valued at $46.45 million.