「HYPE Listing Insider Whale」 Holds Long Position for 10 Months, Unrealized Gain of Over $44 million, Funding Fee Paid: $4.71 million

BlockBeats News, August 20, according to TradingBeats (formerly Hyperinsight) monitoring, the largest HYPE long position address on Hyperliquid, 0x082e...ca88, currently holds approximately 1.38 million HYPE longs, with a position value of about $98.12 million, an opening price of $38.6755, a current unrealized profit of about $44.75 million, and using 5x leverage.

This address had previously opened a $40 million, 5x leveraged HYPE long position approximately 5 hours before Robinhood announced the listing of HYPE spot trading on October 23, 2025. Due to the precise timing of the heavy entry, the community suspected insider information, hence the nickname "HYPE Listing Insider Whale."

On December 5 to 6 of the same year, the address continued to accumulate approximately 93,500 HYPE in the $31 to $32 range, eventually pushing the current holding to around 1.38 million HYPE. The address has been holding the contract position ever since and has paid $4.71 million in funding fees for its long position.