A Whale Holds 5x Long HYPE Position for 4 Months, Once Facing a Floating Loss of Over $26 Million
BlockBeats News, April 10th, according to Onchainlens monitoring, a whale has held a 5x HYPE long position since December 6, 2025, with an average open price of $38.67, experiencing a peak unrealized loss of over $26 million.
Currently, HYPE is above $40, and the whale's floating profit exceeds $2.77 million. However, the account still needs to earn over $800,000 to reach overall "breakeven." To maintain the position, the whale has already paid over $1.9 million in funding fees.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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