A whale holding 1.38 million HYPE long positions has turned a profit, with unrealized gains exceeding $9 million.

CoinFeed reported on May 15th that, according to Onchain Lens monitoring, as the price of HYPE broke through $45, a whale holding a long position of 1.38 million HYPE tokens (worth $62.64 million) with 5x leverage is currently showing a profit of over $9 million, but has already paid $2.3 million in funding fees. This whale had previously experienced a loss exceeding $26 million.