INJ hits a new high for the year, a certain whale achieves a 102% profit.

BlockBeats news, October 16, according to TradingBeats monitoring, INJ on Hyperliquid hit an intraday high of $9.37, setting a new high for the year, up about 30% in the past 24 hours. Meanwhile, the platform's INJ contract open interest increased to about $12.65 million, rising about $4.19 million in 24 hours, an increase of about 49.5%.

Whale address 0x8be0…2326c currently holds about 246,900 INJ long positions, with a position value of about $2.28 million, an average entry price of $7.68, using 5x cross margin leverage, with unrealized profit temporarily reported at about $386,000, and a position return rate of about 102%.

This address has been gradually increasing its INJ position since October 11. After the coin price rose today, it slightly reduced its position, still retaining the vast majority of its long positions.