What does the most comfortable position look like in this rally? On Hyperliquid, this address is one example: 10x leverage long HYPE, taking it from 79.9 all the way to 94. As of now, the position has $2.4 million in unrealized profit, and it still hasn’t been cashed out.

Address 0x90dbb196cacf24bd212b377a0dd62eaad5e8151b: 226 days, 898 trades executed, and it has already realized $3.46 million. But you should look at the win rate—it’s shocking: out of 289 closed trades, only 127 were winners, which is less than 44%. More than half of the trades are wrong, yet the money keeps rolling and growing. The winners make big gains, the losers have small setbacks, and the largest drawdown is $618,000—less than 20% of what’s been cashed out.

There are currently only two long positions on hand. The main position is HYPE: position size is $15.99 million, entry price 79.92, and today HYPE is up 3.5% to 94.2. This trade is currently in profit by $2.4 million. The secondary position is LINK: $3.25 million, entry at 12.74, and it’s currently around 13—making a small profit of $63,000. The liquidation price is set at 37 dollars, which is less than half the entry price, so the safety buffer is very thick. He hasn’t made any trades for more than three days—market action will take care of the position.

Today, the whole web has been liquidated around the clock for $940 million, with 86% going to shorts. Every time a short gets squeezed, his unrealized profit gets a little thicker. A 44% win rate and surviving 226 days without liquidation suggests that 10x leverage is not the original sin—position sizing and stop-loss are.

Where do you think this HYPE long will get out?

Check in real time: https://www.coinboss.com/zh/hyperliquid-whale/0x90dbb196cacf24bd212b377a0dd62eaad5e8151b

#Hyperliquid #HYPE #巨鲸 $HYPE $LINK