Largest HYPE Short Showed $5.56 Million Unrealized Gain on Oct. 24

As of Oct. 24, the largest HYPE short showed a $5.56 million unrealized gain. HYPE was 22% below its peak as of Oct. 24. Address 0xf02d held 715,334 HYPE in the position, valued at $54.57 million. The address had also earned $620,000 in funding fees, a separate amount from the unrealized gain. An unrealized gain is paper profit on a position that has not been closed. The funding-fee earnings describe a separate part of the trading result. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost