Hyperliquid Wallet Shows $17.4 Million Unrealized Gain on HYPE Long

A Hyperliquid wallet held a 10x leveraged long in Hyperliquid (HYPE) worth $35.31 million on Oct. 20, with $17.4 million in unrealized gains on the open trade.

The wallet, identified as 0x666, entered the position at $39.81. Its mark price stood at $78.46 in the snapshot. The long was the address’s only open position, and it had not been reduced.

The wallet’s Hyperliquid account was valued at $27.47 million. The reported $17.4 million gain remained unrealized because the position was still open.

A separate five-times-leveraged HYPE long on Hyperliquid held by trader watershedpath showed about $58 million in unrealized gains in an Oct. 16 snapshot. That position had an average entry price of $38.68, while HYPE was priced at $81.38. The figures describe a different trader and an earlier snapshot.

Another Hyperliquid address held a $24.23 million Ether (ETH) short in an Oct. 18 snapshot. The HYPE long held by 0x666 was larger in dollar value at the respective observation times.