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🔍 On-chain Detective | The "largest long on HYPE" has unrealized profits exceeding 75000000 USD, and has paid 5850000 USD in funding fees

BlockBeats news:September 22, according to TradingBeats monitoring data,Hyperliquid's largest HYPE long address currently holds approximately 1380000 units HYPE long positions, with a position value of approximately 128600000 USD, an average entry price of 38.6755 USD, and current unrealized profits of approximately 75270000 USD, using 5 x cross-margin leverage.

Approximately October 23, 2025 before Robinhood announced the listing of HYPE spot, this address 5 hours earlier opened approximately 40000000 USD、5 x leveraged HYPE long positions. Because the timing of this large position entry was exceptionally precise, the community suspected the address had non-public information; it was therefore also dubbed the "HYPE listing insider whale."

Later that year,December 5 to 6 the address again added approximately 31 to 32 USD range, adding approximately 93500 units HYPE and ultimately increasing its current holding to approximately 1380000. It has held the contract positions ever since, and has currently paid 5858000 USD in funding fees for its long positions.

Original link https://m.theblockbeats.info/flash/368297