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Altcoins & DeFi

Whale Stakes 139,050 HYPE as 30-Day Loss Reaches $2.02 Million

Image: TokenPost

A crypto whale staked 139,050 HYPE tokens, worth about $10.95 million, while its overall account lost $2.02 million over the past 30 days. The stake was delegated to Infinitefield.xyz. The wallet also held long positions valued at $202,250 with 10x leverage. Those positions carried $36,540 in unrealized losses, meaning the losses were attached to trades that remained open. The reported positions involved CXMT, SKHX and LYTE. Separately, the wallet's perpetual futures trading history showed $7.22 million in cumulative profit. That total covers a different period from the recent 30-day loss, and it measures perpetual futures performance rather than the full wallet balance. The $2.02 million figure describes the whale's overall loss during the past month; it is not a stated loss on the HYPE stake.

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