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A certain whale went long with 5x leverage on HYPE and held the position for 4 months, once experiencing an unrealized loss of over $26 million.
ME News Report, April 10 (UTC+8), according to Onchainlens monitoring, a whale has held a 5x HYPE long position since December 6, 2025, with an opening average price of $38.67, and a maximum unrealized loss of over $26 million. Currently, HYPE is above $40, and this whale’s floating profit exceeds $2.77 million, but the account still needs to earn more than $800,000 to break even overall. To maintain the position, the whale has paid over $1.9 million in funding fees. (Source: BlockBeats)