A whale's HYPE long position has floating profit of $14 million, paying $2.38 million in funding fees over the 7-month holding period

Odaily Planet Daily News According to on-chain analyst EmberCN monitoring, as the price of HYPE rose to $49, a whale opened a long position of 1.38 million HYPE (valued at $67.4 million) at $38.6 last November, and currently has a floating profit of $14 million. The position has been held for 7 months, with cumulative funding fees paid reaching $2.38 million. During this period, the position once had a floating loss of $26 million, close to liquidation.