A certain HYPE whale, holding a highly leveraged long position for 7 months, turned a floating profit of approximately $14 million, after previously incurring a floating loss of approximately $26 million and nearly facing liquidation.

CoinFeed reported on May 20th that, according to Ember, an address opened a long position of 1.38 million HYPE tokens at $38.6 per coin last November, with a notional value of approximately $67.4 million. As HYPE rose to $49, the current unrealized profit is approximately $14 million. During this period, the long position experienced a near-liquidation loss of approximately $26 million when HYPE fell to around $20. The position has been held for approximately seven months, with cumulative funding fees of approximately $2.38 million and the maximum fluctuation in the notional value of the position exceeding $40 million.