Robinhood went all-in before it launched, and now its unrealized gains have narrowed to $31.67 million. Can the liquidation line at $53.97 hold? The biggest long position looks impressive on the surface, but in reality it’s living on the edge.

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CoinNetwork
Crypto news: the floating profit of HYPE long positions has narrowed to $31.6781 million (+186.23%). The current coin price is $61.63, the liquidation price is $53.97, and the open position size is $85.0520 million. This address went on a big long bet before HYPE was listed on Robinhood, and it is now the largest long position in HYPE, having previously suffered a large unrealized loss.
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