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🔥HYPE's largest long whale position has a profit of $8.4 million, held since October last year.
According to Hyperinsight monitoring, HYPE's price has continued to strengthen, reaching nearly $45 this morning.
On-chain, the largest long whale's unrealized profit for HYPE has expanded to $8.4 million.
This address significantly increased its long position on October 24 last year, just before HYPE was listed on Robinhood.
Since then, during the long-term holding period, HYPE once rose to nearly $50 but the whale chose not to take profit, subsequently falling into deep unrealized losses.
The maximum unrealized loss approached $20 million, and during this period, the funding rate settlement also recorded a loss of $2.02 million.
Currently, it holds a 5x leveraged long position in HYPE, with a scale of $61.6 million, at an average price of 3…
#hype