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A HYPE whale held a high-leverage long position for 7 months, turning into a floating profit of about $14 million, after once facing a floating loss of about $26 million and being close to liquidation.

MeNews
ME News, May 20 (UTC+8), according to Ember CN, an address opened a long position of 1.38 million HYPE at $38.6 in November last year, with a notional value of approximately $67.4 million. As HYPE rose to $49, the current floating profit is about $14 million. During this period, when HYPE dropped to around $20, the long position once had a floating loss of about $26 million, nearing liquidation. The position has been held for about 7 months, with cumulative funding payments of approximately $2.38 million, and the maximum notional value fluctuation of the position exceeded $40 million. (Source: PANews)
HYPE2.35%
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