On March 27th, according to monitoring by crypto analyst Ember, a whale opened a long position of approximately 1.38 million HYPE tokens at a price of $38.6 last year, with a position size of about $53.3 million. During a subsequent market pullback, HYPE once fell to around $20. The address avoided liquidation by adding margin, experiencing a peak unrealized loss of approximately $26 million. Currently, the price of HYPE has recovered above the opening price, and the position has turned into an unrealized profit of about $440,000.
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Whale's $26M HYPE Long Position Recovers to $440K Profit
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