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A newly created address made its first purchase with a massive 9.9 million position in HYPE, with floating gains on multiple long positions reaching 88% in four days
Mars Finance News, March 13 — According to Hyperinsight monitoring, as HYPE price rose above $38 today, the whale starting with 0x4f9 has seen their long position in HYPE increase in unrealized profit to $870,000, with a return rate of 88%. Their current holdings amount to approximately $9.9 million, with an average entry price of $34.8. This address first transferred about $500,000 to Hyperliquid on March 9 and bought the dip at an average price of $30.8, opening their first 10x leveraged long position in HYPE. In the following days, they continued to add funds and roll over positions. As of 7 hours ago, they were still increasing their holdings near $37, with the average price also rising.