The peak long position's unrealized gain in HYPE has reached $42.7 million, with the position size quadrupling.

BlockBeats News, June 16th, according to Hyperinsight monitoring, HYPE surged above $70, and the largest long position profit on Hyperliquid for HYPE expanded to $42.7 million. The whale went long with 5x leverage for 1.38 million tokens at an average price of $38.67, with a total value of approximately $96.1 million. The current position has already achieved a 400% return on investment.

As of the time of writing, the address once again withdrew a large amount of position margin today, causing the liquidation price to rise to $53.39. After each round of price surges, significant profits have been withdrawn as position margin, accumulating to over twenty million dollars.

Address: 0x082e843a431aef031264dc232693dd710aedca88