Top Trader Gains Over $1.4M from HYPE Long Positions in 2 Days

A trader identified as 0xc6fe has made over $1.4 million in profit in just two days through leveraged HYPE trading.

The sequence began yesterday, when he opened a 10x long position on 110,735 HYPE, valued at roughly $7.6 million. He later exited the trade, locking in a realized gain of $580,000.

Building on that momentum, he then expanded his exposure by entering another 10x long position, this time on 204,383 HYPE worth around $14.89 million. That position is currently showing an unrealized gain of about $838,000.

Combined, these trades have lifted his total profits past the $1.4 million milestone.

Source: Lookonchain