ChainCatcher report, according to Arkham monitoring, trader “watershedpath” holds the largest single long position in HYPE on-chain, with an unrealized profit of approximately $58 million. The address has held a long position in HYPE for nearly a year and currently maintains a HYPE exposure of about $111 million. Over the past week, instead of closing the position, the trader withdrew approximately $18.5 million in margin, raising the liquidation price to $65. Even if liquidated subsequently, the position remains profitable.
ChainCatcher: The largest HYPE long position holds $111M in exposure, with the liquidation price raised to $65.
ChaincatcherShare
Summary
According to ChainCatcher, trader 'watershedpath' holds the largest on-chain HYPE long position, with $111 million in exposure. The position, held for nearly a year, has generated a floating profit of approximately $58 million. The trader recently reduced position size by withdrawing $18.5 million in collateral, raising the liquidation price to $65. Even at liquidation, the position remains profitable.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.