According to Odaily Odaily, on-chain analyst Yu Jin reported that HYPE rose from $22 to $33 in the past day. Whale Laurent Zeimes (0x8def...2dae) opened a long position of 1.227 million HYPE tokens with 5x leverage when HYPE was at a low of $22.37, with a position valued at $27.46 million. With the price of HYPE reaching $33, this long position is currently showing a profit of $13.03 million.
A whale with 5x leverage long a floating profit of $13.03 million.
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