Trader 'watershedpath' is long $𝟭𝟭𝟵.𝟲𝟲𝗠 of HYPE at 5x leverage on Hyperliquid, up $𝟲𝟲.𝟮𝟵𝗠 in unrealized profit as HYPE pushes 11% today toward its all-time high. Average entry $38.68, current price $86.78 — his only open position. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A $119M concentrated long at 5x is one of the largest directional positions on Hyperliquid right now. With HYPE near ATH, the position is deep in profit, but the size concentration means any sharp pullback could trigger liquidation cascades. Watch this wallet for profit-taking or position reduction, which would signal a local top. HYPE is testing its ATH with a massive leveraged backer. A clean breakout above the high with this position intact adds conviction; a rejection with the whale reducing exposure warns of a local top. https://arkm.com/explorer/address/0x082e843a431aef031264dc232693dd710aedca88 source: arkham Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2593