Trader's 5x Leveraged 1.38M HYPE Position Turns Profitable With $12.9M Gain After 6-Month Rally

HYPE5.44%
According to on-chain analytics platform Lookonchain, trader 0x082e opened a 5x leveraged long position of 1.38 million HYPE tokens over 6 months ago, initially valued at approximately $66.3 million. The position experienced a maximum unrealized loss exceeding $25 million as HYPE declined, but has since turned profitable following a recovery in the token's price. The position currently holds an unrealized gain of approximately $12.9 million.
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