MON's long positions have a floating profit of 117%, reaching $2.69 million, with additional positions added in HYPE and ZEC

According to Chainthink, on November 27th, the address "1.2 million principal MON long" (0xccb) had realized a 117% floating profit on its MON long positions, reaching $2.69 million. The current position size is approximately $7 million, with an average entry price of $0.028. This address also used profits from MON trading to increase its long positions in HYPE and ZEC, generating an additional $350,000 in floating profit. The current total position size is approximately $12.92 million. This address initially established its MON position at approximately $0.024 and continued to add to it around $0.035, with some profit-taking orders set between $0.05 and $0.10. To date, the account has grown from an initial $1.2 million to $4.8 million, becoming the largest MON long holder on Hyperliquid.