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A whale opened a long position of 1.38 million HYPE, turning floating losses into breakeven and achieving a surplus of $8.5 million
According to on-chain analyst Yu Jian's monitoring, a whale opened a long position of 1.38 million HYPE at the high of $38.6 in November last year, valued at $62.13 million. At that time, HYPE fell to a low of $20.5 at the end of January, resulting in a floating loss of $26 million. Since then, the price of HYPE has rebounded to $45, a 120% increase from the lowest point, turning the whale's floating losses into breakeven and achieving a surplus of $8.5 million.
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