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A HYPE whale's high-leverage long position held for 7 months has turned into a floating profit of approximately $14 million, once having a floating loss of about $26 million and nearly being liquidated.

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 last November, with a notional position value of approximately $67.4 million. As HYPE rose to $49, the floating profit is now about $14 million. During this period, when HYPE dropped to around $20, the long position once had a floating loss of approximately $26 million, close to liquidation. The position has been held for about 7 months, with cumulative funding fees of approximately $2.38 million, and the maximum fluctuation in notional position value exceeded $40 million. (Source: PANews)
HYPE-3.94%
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