Huo Xing Finance reports, 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, this position remains profitable.
Traders hold a $111M HYPE long position with $58M in profits; liquidation price raised to $65
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Summary
A trader known as 'watershedpath' holds the largest on-chain HYPE long position, with $111 million in exposure and a $58 million profit. The position, held for nearly a year, saw $18.5 million in collateral withdrawn last week, pushing the liquidation price to $65. Position trading remains profitable even at liquidation, reflecting careful position sizing and risk management.
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