He’s up $58M with the largest HYPE long on-chain.

Trader “watershedpath” has been long $HYPE for almost a whole YEAR. He’s currently holding $111M of HYPE exposure - making his the largest single long position on-chain.

Instead of selling, he’s withdrawn $18.5M of margin in the past week, moving his liquidation price up to $65. Now, even if he gets liquidated, he is still in profit.

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