The largest on-chain PEPE long position has a floating profit of $2.05 million.

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On January 5th, according to HyperInsight monitoring, the largest long position in PEPE on Hyperliquid is currently long 2,008,865,090 kPEPE tokens (approximately $13.86 million) with 3x leverage, resulting in a floating profit of $2.05 million per token.

Previously, this address had only completed 3 transactions, all of which resulted in losses, with a total loss of nearly $490,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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