Hyperliquid Whale Doubles Down on HYPE Long Position, Cumulative Profit Surpasses $2.29 Million

June 2nd — According to on-chain analytics firm LookOnChain’s monitoring, wallet address 0xc6fe has scored another profitable HYPE long position trade. Four hours ago, the trader closed their prior HYPE long position, locking in an estimated $1.18 million in single-trade profits. Almost immediately after exiting that position, they opened a new long position: going long 268,509 HYPE tokens with 10x leverage, for a total position value of roughly $20.26 million. As of the latest monitoring update, this new position already carries an unrealized gain of around $536,000. This trader has been on a hot streak with HYPE long trades lately: they’ve racked up total accumulated profits of $2.29 million so far, and boast a perfect 100% win rate on all recent HYPE long trades.