A certain whale opened a long position with 1.38 million HYPE at a high price and held for four months, enduring an unrealized loss of $26 million before breaking even.

PANews reported on March 27 that, according to on-chain analyst Yujin's monitoring, a whale who went long on 1.38 million HYPE ($53.3 million) at a high price of $38.6 last November has held the position for 4 months, enduring an unrealized loss of $26 million, and has now made it back to break-even.

• After going long on HYPE at $38.6 in November, HYPE began to pull back. By the end of January, the price dropped to a low of $20 (the whale was not liquidated due to adding margin), resulting in an unrealized loss as high as $26 million at the time.
• After holding the position for 4 months, HYPE has now risen back above the whale's entry price, currently showing an unrealized profit of $440,000.