HYPE Whale Holds $11.2 Million 5x Leveraged Long Position on Hyperliquid

The watershedpath account held a 5x-leveraged HYPE long valued at $11.2 million. The position remained open, meaning any gain was tied to the active trade and had not been realized by closing it. The $11.2 million figure describes the long's value, separate from its unrealized profit. HYPE was priced at $81.38, compared with an average entry of $38.68. That price was $42.70 above entry, or about 2.1 times the entry level. The position was among Hyperliquid's largest single-sided HYPE trades. The account's total profit on Hyperliquid exceeded $50 million. That account-wide figure is distinct from any unrealized gain tied to this open long. The position itself had not been closed for profit, so any gain remained unrealized. Enna Lee reports on investing and digital-asset markets for TokenPost.

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