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🔥 A whale long 1.38 million HYPE tokens, initially with a floating loss of $26 million, is now showing a floating profit of $8.5 million.
According to on-chain analyst Yu Jin's monitoring, as HYPE rose to $45, the whale that opened a long position of 1.38 million HYPE (worth $62.13 million) at the high point in November last year has shifted from a floating loss of $26 million to a floating profit of $8.5 million.
The whale opened the long position at $38.6 in November last year. Subsequently, HYPE's price declined, reaching a low of $20.5 at the end of January, with a floating loss of $26 million.
Currently, HYPE's price has risen 120% from the lowest point, allowing the long position to break even and realize a floating profit of $8.5 million.
#hype