$107M HYPE Long Position Shows Over $53M in Unrealized Profit, Smartestmoney Has Held for About 11 Months

Odaily News: According to on-chain monitoring, Smartestmoney currently holds approximately 1.38 million HYPE long positions, with a position value of about $107 million and unrealized profit exceeding $53 million. The position uses 5x cross margin leverage, with an average entry price of about $38.68, has been held for approximately 11 months, and has a liquidation price of about $71.09. HYPE is currently trading at $77.84, about 8.67% away from the position's liquidation price.