According to data from the on-chain analytics platform Onchain Lens (@OnchainLens), a whale created a new wallet address 0x18e and opened a 10x leveraged long position in $HYPE, acquiring 80,000 $HYPE (approximately $3 million). Currently, this whale holds a total of 739,000 $HYPE in 10x leveraged long positions across four wallets (approximately $28.98 million), along with 45,562 $HYPE in spot holdings (approximately $1.79 million).
Whale Opens 10x Leverage Long Position in HYPE Worth Over $29M
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Summary
A whale has opened a 10x leveraged long position in $HYPE using a new wallet (0x18e), purchasing 80,000 tokens for approximately $3 million. This move aligns with value investing strategies in crypto. Across four wallets, the whale now holds 739,000 $HYPE in leveraged positions worth $28.98 million, plus 45,562 $HYPE in spot holdings valued at $1.79 million. Whale activity in $HYPE has attracted significant market attention.
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