「1.2M Principal MON Long」 Long position floating profit of 110%, and once again added to the position for HYPE and ZEC long positions

BlockBeats News, November 27th, according to Coinbob's popular address monitoring, the "1.2 Million USD Principal MON Long Position" (0xccb) saw its MON long position's unrealized profit once again expand to $2.6 million (110%), with the current position size at around $7 million and an average price of $0.028. Furthermore, yesterday and this morning, the address successively utilized the MON long position profits to open HYPE and ZEC long positions, both with slight profits totaling around $350,000, with the current total position size at approximately $12.92 million.

The address initiated its position in MON at around $0.024 and continuously added to the position up to $0.035, setting take-profit orders in batches within the $0.05 to $0.1 range. As of the time of writing, the account funds have grown from the initial $1.2 million to a peak of $4.8 million and is now the largest MON long position holder on Hyperliquid.