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Whale 'SmartestMoney' holds 1.38 million HYPE in long positions, with its unrealized profit shrinking from $82 million to $42.95 million.

7 minutes ago

According to EmberCN's monitoring, the address that went long 1.38 million HYPE at $38.6 last November and has held the position ever since actually belongs to @smartestmoney. The position generated an unrealized profit of roughly $82 million when HYPE rose to $98 in September this year, but as the token has recently dipped below $70, that unrealized gain has shrunk to about $42.95 million, nearly halving. Given the address had previously withdrawn a large amount of margin, the current liquidation price of the position stands at $65.15, just $4.65 away from the current market price. If HYPE continues to decline, this long position will face liquidation risk.

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