🔥 From HYPE's whale: $57.18M PROFITDA! On-chain analysis 💣🚀
Today, while digging through on-chain data and scanning wallets, I noticed the move of a terrifying whale:
Position: He opened a massive Long position of 1.38M units of HYPE at $38.6.
Result: HYPE surged past $80 and updated the ATH. His position value grew from $53.38M to $110M!
Psychology: Even though he paid a $4.98M commission (funding fee) for keeping the position open for 10 months without closing it, he still hasn’t closed the trade!
Our takeaway: Big whales and smart-money holders aren’t paying attention to short-term fluctuations—they’re sitting tight and trusting the trend. That’s why in the market we shouldn’t panic; we should work with the right strategy! 😎💰$HYPE
$HYPE #BinanceSquare #CryptoAnalysis #OnChain #TradingStrategy
Today, while digging through on-chain data and scanning wallets, I noticed the move of a terrifying whale:
Position: He opened a massive Long position of 1.38M units of HYPE at $38.6.
Result: HYPE surged past $80 and updated the ATH. His position value grew from $53.38M to $110M!
Psychology: Even though he paid a $4.98M commission (funding fee) for keeping the position open for 10 months without closing it, he still hasn’t closed the trade!
Our takeaway: Big whales and smart-money holders aren’t paying attention to short-term fluctuations—they’re sitting tight and trusting the trend. That’s why in the market we shouldn’t panic; we should work with the right strategy! 😎💰$HYPE
$HYPE #BinanceSquare #CryptoAnalysis #OnChain #TradingStrategy