On-chain HYPE's leading long and short positions both initially started building at the $24 level. Currently, the profit and loss difference between them exceeds $25.5 million.

BlockBeats News, February 5th, according to HyperInsight monitoring, shows that the largest on-chain HYPE long and short whales both built positions around the $24 price level and started on the same footing. However, during subsequent market fluctuations, their profit and loss trajectories diverged sharply: the current largest short is floating at a loss of over $10 million, while the largest long is floating at a profit of about $15 million, with a profit and loss difference of over $25 million.

The largest long address is “Hyperliquid Early Contributor Loracle”: holding approximately $50.3 million, with an average price of $24.37, floating profit of about $15.3 million (+149%).

The largest short whale is (0x40e): holding approximately $36 million, with an average price of $24.86, floating loss of about $10.2 million (-142%), liquidation price at $48.8.