HYPE Long Position Shows $61.26 Million in Unrealized Profit
Photo: TokenPost
A HYPE long position with a notional value of about $114.63 million was showing approximately $61.26 million in unrealized profit as of 3:26 a.m. ET (07:26 UTC) Tuesday, making it a significant single-account exposure in the token’s futures market. The position covers about 1.38 million HYPE tokens and represents roughly 6.88% of total HYPE futures open interest, based on a marketwide notional value of approximately $1.67 billion. The account’s listed PnL was negative over both shorter measurement periods. Its one-day PnL stood at a loss of about $6.95 million, while its seven-day PnL showed a loss of approximately $14.34 million.
Source: TokenPost
