Trader with $3.94M profit opens 10x long on HYPE worth $1.99M
- —Position: 26,000 HYPE worth $1.99M at 10x leverage
- —Additional buy orders for 23,500 HYPE worth ~$1.7M
- —Current unrealized loss on the long is $3,800
- —Trader lost $370,900 over the past 30 days
Why it matters: Large HYPE longs from a profitable trader may signal local optimism on the Hyperliquid token.
Source: PANews