Crypto Whale Turns $459K Loss Into $15.69M Unrealized Gain as HYPE Rallies

Crypto wallet 0xa9b9 has transformed a 55% unrealized loss of roughly $459,000 on its 10x leveraged HYPE position into an unrealized profit of $15.69 million.

After depositing $2 million in USDC into Hyperliquid in March, the wallet chose to increase its long position rather than close it, growing its holdings from 210,000 HYPE to 493,000 HYPE.

As HYPE rallied, the position surged 445.36%, with an average entry price of $39.63. The wallet’s lifetime profit has now reached $17.33 million.

Source: Onchain Lens