Svmuu News: According to Onchain Lens, a 10x leveraged long position in Hyperliquid ($HYPE) previously held by a whale has rebounded after a sharp pullback, with unrealized gains currently standing at approximately $15.69 million.
Analysis shows that the wallet deposited $2 million in USDC into Hyperliquid in March and, rather than closing the position, continued to add to its HYPE long positions.
Data shows that the whale’s position has grown from 210,000 HYPE to 493,000 HYPE, with the position’s current return on investment standing at +445.36%. Previously, the position had recorded an unrealized loss of approximately 55%, corresponding to an unrealized loss of about $459,000.
To date, the address’s cumulative trading profit (Lifetime PnL) stands at approximately $17.33 million.