The trader went long HYPE 5x four months ago, and is currently up by $5 million, but has already paid $2 million in funding fees.

HYPE-3.14%

Gate News update: On April 11, according to Lookonchain monitoring, trader 0x082e went long HYPE 5x leverage with an average entry price of $38.68 four months ago, holding 1.38 million HYPE (worth $58.4 million), making them the largest HYPE long position on-chain. The trader currently has unrealized gains of more than $5 million, but has already paid $2 million in funding fees.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

CryptoQuant: April’s BTC rise was driven by perpetual futures, warning of correction risk

The study said that in April, the Bitcoin price was driven by perpetual contract long positions, while spot demand remained weak. The increase rose from $66k to $79k, about 20%. The structure resembled the early stage of the 2022 bear market. The study’s head warned that unless spot demand turns positive, it would be difficult to sustainably break above $79k, and the risk of corrections is increasing. The bull market score index fell from 50 to 40, with spot-expressed demand still negative, suggesting that the rally may be driven by leverage rather than new buying pressure.

ChainNewsAbmedia2h ago

Bitcoin Liquidation Thresholds: $16.92B Short Squeeze at $84,557, $10.72B Long Liquidation at $77,423

According to Coinglass data, if Bitcoin breaks above $84,557, cumulative short liquidations across major CEXs would reach $1.692 billion. Conversely, if BTC falls below $77,423, cumulative long liquidations would total $1.072 billion.

GateNews2h ago

Whale 0x049 Opens $80M in 20x Leveraged Long BTC and ETH Positions

According to ChainCatcher, monitoring platform Hyperinsight detected that whale 0x049 opened 20x leveraged long positions in the last 10 minutes. The whale went long 494 BTC worth approximately $39.95 million with a liquidation price of $83,947, and simultaneously longed 17,173 ETH worth approximate

GateNews2h ago

BILL perpetual contracts are now live on Gate, supporting 1–20x leverage for long and short trades

Gate News reports that, according to Gate’s official announcement, Gate has launched live spot trading for BILL perpetual contracts, using USDT settlement. It supports 1–20x leverage for long and short positions, and the leverage ratio can be selected by users when placing orders. BILL perpetual contracts are now officially in live trading.

GateNews4h ago

Brent Oil Falls Below $98 on Hyperliquid, Liquidating Two Whales' $3.02M Long Positions on May 7

According to BlockBeats citing Hyperinsight monitoring, Brent oil (BRENTOIL) fell below $98 on Hyperliquid on May 7, triggering forced liquidations of two whales' combined 305,000 long positions worth approximately $3.02 million. The liquidation prices were set at $99.8 and $97.8

GateNews5h ago
Comment
0/400
No comments