Trader 0x082e's HYPE Long Position Turns Profitable With $12.9M Unrealized Gains After 6 Months

GateNews
HYPE5.62%

According to Lookonchain, on May 19, trader 0x082e's 1.38 million HYPE long position with 5x leverage, established over 6 months ago, has turned profitable. The current position size is approximately $66.3 million, with unrealized gains now reaching $12.9 million.

The trader previously experienced significant losses exceeding $25 million as HYPE price declined. Following the recent rally in HYPE, the position has successfully reversed into profitability.

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