A whale with 1.38 million HYPE long positions previously had an unrealized loss of $26 million, now it has turned into an unrealized profit of $440,000.

GateNews
HYPE-1,06%

Gate News reports that on March 27, according to crypto analyst Ember@EmberCN, a whale address opened a long position on approximately 1.38 million HYPE at $38.6 last November, with a position size of about $53.3 million. During the subsequent market correction, the HYPE price dropped to around $20. The address avoided liquidation by adding margin, with a maximum unrealized loss of about $26 million. Currently, the HYPE price has rebounded above the opening price, and the position is now showing an unrealized profit of approximately $440,000.

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