A whale holds a $62.64 million HYPE long position with 5x leverage, with unrealized profits exceeding $9 million

According to Onchain Lens monitoring, as HYPE trades above $45, a whale holds 1.38 million HYPE in a 5x leveraged long position, worth $62.64 million. The current unrealized profit exceeds $9 million, but $2.3 million in funding fees have already been paid. The whale was previously facing an unrealized loss of over $26 million.