HYPE Whale Maintains $65.74M Long Position for 343 Days

A whale has maintained a $13.8 million long position in HYPE for 343 consecutive days, recording $65.74 million in unrealized profits and a current position value of approximately $119 million. Onchain Lens reported the average entry price at $38.68, with $5.67 million in funding costs incurred over the holding period. The platform noted that while the realized profit after deducting funding costs would be around $60.07 million, the exact calculation method and inclusion of other transaction fees were not specified. The onchain data reflects unrealized gains based on the position's current valuation.