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Crypto World News reports that, according to the on-chain analysis platform Lookonchain's tweet: Trader 0x82e opened a long position with over 5x leverage on 1.38 million HYPE tokens (worth $58.4 million) four months ago at an entry price of $38.68.
He has become the largest on-chain HYPE long position.
He is now back in profit, with unrealized gains exceeding $5 million, but has paid $2 million in funding fees.