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The "1.2 million principal MON long positions" account funds have risen to 4 million USD, with current open orders looking bullish on MON at 0.05 USD.
On November 26, according to Coinbob's popular address monitoring, an address (0xccb) with a heavy position of 1.2 million USD long order on MON partially closed its position today, realizing a profit of about 3.47 million USD. It still holds approximately 6.49 million USD in MON long orders, with unrealized gains of 2.24 million USD (103%), at an average price of 0.028 USD. In addition, it has set take profit orders in batches in the range of 0.05 USD to 0.1 USD and placed a stop loss order at 0.031 USD. According to monitoring, this address built a position at around 0.024 USD when MON's price was at 0:00 on the 25th, then fully invested the 1.2 million USD in 6 hours and rolled over to increase its position. By 6:00 on the 25th, the price of MON rose to about 0.035 USD, and its holdings had rolled over to 4.8 million USD, with the average price adjusted to 0.028 USD. As of the time of writing, its account funds have increased from the initial 1.2 million USD to 4 million USD, making it the largest holder of MON long position on Hyperliquid.