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HYPE Whale Holds $11.2 Million 5x Leveraged Long Position on Hyperliquid

HYPE Whale Holds $11.2 Million 5x Leveraged Long Position on Hyperliquid

Photo: TokenPost

The watershedpath account held a 5x-leveraged HYPE long valued at $11.2 million. The position remained open, meaning any gain was tied to the active trade and had not been realized by closing it. The $11.2 million figure describes the long's value, separate from its unrealized profit. HYPE was priced at $81.38, compared with an average entry of $38.68. That price was $42.70 above entry, or about 2.1 times the entry level. The position was among Hyperliquid's largest single-sided HYPE trades. The account's total profit on Hyperliquid exceeded $50 million.

Source: TokenPost

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