The top long and short positions on the HYPE blockchain both started at the $24 mark, but now their profits and losses differ by over $25 million.

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MarsBit
02-05
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According to Mars Finance, on February 5th, HyperInsight monitoring showed that the largest long and short whale holding HYPE positions on the blockchain both established positions around the $24 price level, starting from the same point. However, in subsequent market fluctuations, their profit and loss trends diverged dramatically: the largest short position currently has a floating loss of over $10 million, while the largest long position has a floating profit of approximately $15 million, a difference of over $25 million. The largest long position is held by "Loracle, an early contributor to Hyperliquid": holdings of approximately $50.3 million, an average price of $24.37, and a floating profit of approximately $15.3 million (+149%). The largest short whale is (0x40e): holdings of approximately $36 million, an average price of $24.86, a floating loss of approximately $10.2 million (-142%), and a liquidation price of $48.8.

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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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