Whale's $26M HYPE Long Position Recovers to $440K Profit
On March 27th, according to monitoring by crypto analyst Ember, a whale opened a long position of approximately 1.38 million HYPE tokens at a price of $38.6 last year, with a position size of about $53.3 million. During a subsequent market pullback, HYPE once fell to around $20. The address avoided liquidation by adding margin, experiencing a peak unrealized loss of approximately $26 million. Currently, the price of HYPE has recovered above the opening price, and the position has turned into an unrealized profit of about $440,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VUG ETF Climbs 0.2%
Rollins Inc. Stock Slips 6.4%, Underperforms Market
Meta launches AI-powered game development tool, competitor stocks drop in response
At the Connect conference, Meta launched two AI game creation tools, Horizon Create and Horizon Studio, allowing users to generate complete 2D/3D games—including level design and multiplayer features—simply through text descriptions, and directly distribute them to platforms such as Facebook and Instagram. The news led to a 4.5% increase in Meta’s stock price, while gaming stocks Roblox and Unity Software saw declines of up to 4.1% and 6.9%, respectively.
Crypto prices
More
