Whale's $67.4M HYPE long position up $14M after 7 months

A whale investor who opened a 5x leveraged long position on 1.38 million HYPE, valued at $67.4 million, in November last year is now sitting on approximately $14 million in unrealized profit as the token's price has climbed to $49, EmberCN reported. The investor, who entered at an average price of $38.6, has maintained the position for seven months, paying around $2.38 million in cumulative funding fees during that time.