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A trader made over $1.4 million in profit from a 10x long position on HYPE in two days
According to Lookonchain monitoring, a trader (0xc6fe...79b1) made over $1.4 million in profit from the rise of HYPE within two days. Yesterday, he opened a 10x long position of 110,735 HYPE, worth $7.6 million, and closed the position for a profit of $580,000. Subsequently, he reopened a 10x long position of 204,383 HYPE, worth $14.89 million, with an unrealized profit of $838,000.
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