A Whale's 5x Leveraged Long on HYPE Generates $13.03 Million in Floating Profit

Odaily News According to on-chain analyst Yu Jin's monitoring, HYPE rose from $22 to $33 over the past day. When HYPE was at a low of $22.37, whale Laurent Zeimes (0x8def...2dae) opened a 5x leveraged long position on 1.227 million HYPE, with a position value of $27.46 million. As the price of HYPE reached $33, this long position currently has a floating profit of $13.03 million.