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Smartestmoney’s HYPE Long Is Valued at $106 Million With $52.76 Million in Gains

The position was opened 11 months ago and had a liquidation price of $71.08.

An unmarked metal token balances on a narrow stone ledge. / TokenPost.ai
An unmarked metal token balances on a narrow stone ledge. / TokenPost.ai

Smartestmoney’s 1.38 million HYPE long was valued at $106 million, with $52.76 million in unrealized gains. HYPE was priced at $76.96, and the position’s liquidation price was $71.08.

The long was opened 11 months ago. The $52.76 million gain is unrealized, meaning it is a paper gain rather than a realized return.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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