HYPE long positions held by major holders have a floating profit of $3.42 million, after previously experiencing a floating loss of over $23 million.

CoinFeed reported on April 26 that, according to on-chain analyst Ai Yi, the top-ranked address holding Hyperliquid (HYPE) has realized a profit of $3.42 million from its long position, after previously experiencing a loss of $23.18 million. This address began heavily longing HYPE in late October of last year and currently holds 1.38 million tokens (approximately $56.82 million), with an opening price of $38.675. In January of this year, when HYPE fell to around $20, the address repeatedly deposited margin to avoid liquidation.