Massive $76M HYPE Position Opened Last Year Hits $22.6M Gain

A major position in HYPE is drawing attention, with trader 0x082 currently holding a $76.0 million long. The position has been maintained since last year, when HYPE was trading near $38, marking a long-running commitment to the trade.

Over the course of holding, the trader has also incurred more than $3 million in funding fees. Despite that cost, the position is now showing an unrealized profit of approximately $22.6 million, reflecting its significant movement since entry.

Source: Arkham