Smartestmoney's HYPE long position is up over $53 million.
According to on-chain monitoring by Odaily Planet Daily, Smartestmoney currently holds a long position of approximately 1.38 million HYPE, worth about $107 million. The average entry price was around $38.68, with 5x cross margin leverage. The position has been held for approximately 11 months, and its liquidation price is around $71.09. HYPE is currently trading at $77.84, about 8.67% above the liquidation price.
· The position has been open for nearly a year and remains unclosed, with its unrealized profit yet to be realized.
· With 5x cross margin leverage, the liquidation price is only about 8.67% below the current price, leaving little room for a price pullback.
If HYPE continues to fall, would you first watch how close it gets to the liquidation price or monitor changes in the position size?
#HYPE
According to on-chain monitoring by Odaily Planet Daily, Smartestmoney currently holds a long position of approximately 1.38 million HYPE, worth about $107 million. The average entry price was around $38.68, with 5x cross margin leverage. The position has been held for approximately 11 months, and its liquidation price is around $71.09. HYPE is currently trading at $77.84, about 8.67% above the liquidation price.
· The position has been open for nearly a year and remains unclosed, with its unrealized profit yet to be realized.
· With 5x cross margin leverage, the liquidation price is only about 8.67% below the current price, leaving little room for a price pullback.
If HYPE continues to fall, would you first watch how close it gets to the liquidation price or monitor changes in the position size?
#HYPE
