Hyperliquid maintains 1.38 million longs... unrealized profit of $52.76 million
Original headline하이퍼리퀴드 138만개 롱 유지…평가이익 5276만달러
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A wallet identified as "Smartestmoney" holds a 1.38 million HYPE long position on Hyperliquid, opened roughly 11 months ago, with unrealized gains of $52.76 million and a position value of $106 million as of 7 a.m. KST on the 8th. HYPE traded at $76.96 at the time of reporting, with a liquidation price of $71.08, leaving the position about $5.88 above its liquidation threshold. The trade has now been held for 343 days, with unrealized profit peaking at $65.74 million earlier in its life before pulling back. The size and age of the position make it a notable gauge of conviction in Hyperliquid's native token, and its proximity to the liquidation price means HYPE moves toward $71 could force a unwind. Traders will be watching whether the wallet continues to hold through volatility and whether HYPE can stay clear of the liquidation level.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Hyperliquid (HYPE), HYPE (HYPE), Smartestmoney, Onchain Lens, Odaily
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