ME News reports that, as of July 24 (UTC+8), according to Onchain Lens monitoring, a trader has held a long position of 1.38 million HYPE tokens for 287 days, with a current value of $80.71 million and an unrealized profit of $27.34 million. The trader has added $4.5 million in USDC margin, including $2 million deposited yesterday and $2.5 million deposited on July 17. The entry price was $38.67, the mark price is $58.49, the liquidation price is $52.368, and the leverage is 5x. (Source: ODAILY)
Trader's 5x Leverage HYPE Long Position Exceeds $80.7M in Value After 287 Days
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Summary
A position trading example in the crypto market shows a trader’s 5x leverage long position of 1.38 million HYPE tokens has grown to a value of $80.71 million after 287 days. The entry price was $38.67, with a mark price of $58.49 and unrealized profits of $27.34 million. The trader added $4.5 million in USDC as collateral, including $2 million deposited yesterday. This case reflects a long-term value investing strategy in crypto, with a liquidation price of $52.368.
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