The top two HYPE holders, a whale, went long on 1.38 million HYPE tokens with 5x leverage and are currently showing a profit of $11.98 million.

CoinFeed reported on May 19th that, according to on-chain analyst Ai Yi, the top two positions in HYPE are opposing sides. Loracle shorted 1.44 million HYPE tokens with 5x leverage, worth $68.43 million, at an entry price of $42.55, and is currently experiencing a floating loss of $7.004 million. Address 0x082…dca88 went long on 1.38 million HYPE tokens with 5x leverage, worth $65.37 million, at an entry price of $38.67, and is currently experiencing a floating profit of $11.98 million.