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A trader earned over $1.4 million in profits from a 10x long position on HYPE within two days

2026-06-01 00:44

Odaily Planet Daily News According to Lookonchain monitoring, a trader (0xc6fe...79b1) earned over $1.4 million in profits from the rise of HYPE within two days. Yesterday, he opened a 10x long position of 110,735 HYPE, worth $7.6 million, and closed it for a profit of $580,000. Subsequently, he opened another 10x long position of 204,383 HYPE, worth $14.89 million, which currently shows an unrealized profit of $838,000.