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The resilient HYPE whale: strikes again with 5x leverage, opening a new long position with 640,000 tokens
【BlockBeats】A transaction record of a whale has recently attracted market attention again. This mysterious player, jokingly called by industry insiders as “30 times long, repeatedly defeated but keeps fighting,” has chosen to open a leveraged long position again on January 9th. This time, he set his sights on the HYPE token.
According to on-chain data monitoring, this transaction was quite substantial—63,381.45 HYPE tokens, which is approximately $1.64 million USD. To amplify gains, the whale employed a 5x leverage strategy, with an average entry price of $25.87 per token.
Interestingly, this position is currently showing a slight unrealized profit, but the overall account performance is not optimistic—total unrealized loss reaching $171,000 USD. This also seems to confirm the whale’s historical style: even after multiple losses, he persists in using leverage to bet on his favored directions.
From the transaction record, this player’s persistence with HYPE is noteworthy. Is he firmly optimistic about the token’s fundamentals, or is it purely driven by gambling instincts? Only time and subsequent market performance can provide the answer.