Trader 0x082e Holds 5x Long Position in HYPE Token
A cryptocurrency trader identified as 0x082e opened a leveraged long position in the HYPE token more than six months ago. The position, initially valued at $66.3 million, has fluctuated between a $25 million unrealized loss and a current $12.9 million unrealized profit.
machinelearningmastery.comA cryptocurrency trader identified as 0x082e opened a 5x leveraged long position in the HYPE token more than six months ago. 3 million at the time of entry, making the trader the largest on-chain holder of a long position in the token.
As the price of HYPE declined, the position recorded an unrealized loss exceeding $25 million. 9 million. The trader has maintained the position throughout the price movements without closing it.
Key Facts
Story Timeline
3 events- More than six months ago
Trader 0x082e opened a 5x long position on 1.38 million HYPE tokens.
1 source@lookonchain - Subsequent period
The position recorded an unrealized loss exceeding $25 million as HYPE price fell.
1 source@lookonchain - Recent period
HYPE price rallied, turning the position to an unrealized profit of $12.9 million.
1 source@lookonchain
Potential Impact
- 01
The trader continues to hold the position rather than realizing the current profit.
Transparency Panel
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