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Crypto World News reports that on April 11, according to Lookonchain monitoring, trader 0x082e opened a 5x long position on HYPE four months ago at an average price of $38.68, with a holding value of 1.38 million HYPE (( worth $58.4 million), becoming the largest on-chain HYPE long position. The whale currently has an unrealized profit of over $5 million, but has paid $2 million in funding fees.