HYPE Breaks $72 With $46M Profit on Largest Long; $38M 20x Leveraged BTC Long Opens on Hyperliquid
HYPE broke through $72 with the platform's largest on-chain long position holder recording over $46 million in profits on the move. A new $38.07 million 20x leveraged BTC long position opened on Hyperliquid, ranking as the sixth-largest position overall on the platform. Separately, Hyperliquid's most profitable tracked address added $2 million in new positions with approximately 98.5% allocated to short exposure, and an Abraxas Capital-associated wallet deposited an additional $2 million into the platform.
Story timeline · 4 days
Latest: HYPE extended rally through $72 with the largest on-chain long holder booking over $46M in profits; a new $38.07M 20x leveraged BTC long emerged as the sixth-largest Hyperliquid position; most profitable Hyperliquid address added $2M in 98.5% short positions.
Story timeline · 4 days
- Jul 6, 20267· this storyHYPE Breaks $72 With $46M Profit on Largest Long; $38M 20x Leveraged BTC Long Opens on Hyperliquid
- Jul 5, 20266Hyperliquid Records $116M Net Inflows in 24 Hours; USDH Deployer Deposits $15M HYPE to Coinbase
Hyperliquid recorded $116M in 24-hour net inflows, while the USDH deployer wallet deposited 212,498 HYPE worth $15.07M to Coinbase and a separate whale withdrew 212,500 HYPE from Morpho to Coinbase.
- Jul 4, 20267Hyperliquid HYPE Approaches $75 Key Price Level; HIP-3 and HIP-4 Proposals Detailed
HYPE token approached a key $75 price decision point; HIP-3 and HIP-4 protocol upgrade proposals published in detail.
- Jul 3, 20267Paradigm Stakes $66.75M in HYPE on Hyperliquid
Sources · 6
- HYPE extends its rally to break through $72, with the largest on-chain long position holder once again pocketing over $46 million in profits.lookonchain.com · T2
- A $38.07 million BTC 20x leveraged long position has emerged on Hyperliquid, ranking as the 6th largest position overall.lookonchain.com · T2
- Hyperliquid’s "Most Profitable Address" Adds $2 Million in New Positions, With Nearly 98.5% of Its Positions Being Short.lookonchain.com · T2
- A trader has cumulatively injected $171,000 into Hyperliquid in the past 21 hours and opened a 15x leverage BTC short positionpanewslab.com · T2
- Abraxas Capital-associated wallet deposits another 2 million USD into Hyperliquidpanewslab.com · T2
- A new wallet deposited $2.67 million in USDC to Hyperliquid and opened a long position in LIT, currently holding an unrealized profit of over $330,000.lookonchain.com · T2