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🔍 On-chain Detective | Two whales place 20000000 USD HYPE buy orders, both seeking to double their long positions

BlockBeats reports,October 30, according to TradingBeats monitoring,HYPE is quoted at approximately 93.58 USD,24 hours, up approximately 18.3%. Following the rise, trader Boomer and another large long holder still retain a combined approximately 19967000 USD laddered buy orders, planning to add to their positions in batches after waiting for a pullback.

Boomer's position-addition range is 80—88 USD, with the highest bid approximately 6%below the current price. Today at 10, it added 40 buy orders, planning to purchase approximately 110900 tokens of HYPE, with pending orders totaling approximately 9247000 USD.

Currently, Boomer holds approximately 116600 tokens of HYPE long positions, worth approximately 10913000 USD, with an average entry price of 89.75 USD and unrealized profit of approximately 446000 USD. If all orders are filled, the position size will nearly double.

Another whale whose address begins with 0x469e placed 80—88.469 USD 84 buy orders to add to its long position, planning to purchase approximately 127300 tokens, worth approximately 10721000 USD, with the highest bid approximately 5.5%below the current price. This account currently holds approximately 3046000 USD HYPE long positions, with an average entry price of 91.03 USD, and pending position-addition orders worth approximately 3.5 times the value of its existing position.

Original link https://m.theblockbeats.info/flash/374605