Just noticed something interesting on-chain - this whale who went long on HYPE way back in October is finally getting close to breakeven after months of pain. The address has been sitting on a 5x leveraged position worth around $52 million, averaging in at $38.67. With HYPE trading near $35.92 now, they're down about 10%, but here's the thing - they've recovered over $15 million just this week alone. At one point, the unrealized loss hit nearly $26 million, which is absolutely brutal. The liquidation price was hovering around $20.1, and in late January it got scary close - within 0.37% of getting liquidated. But they held through all of it without touching the position once. No reductions, no adjustments, just pure conviction or maybe they're trapped. Either way, watching this address get closer to breakeven is kind of wild after holding the bag for 5+ months. If HYPE keeps climbing, this could actually flip to profit soon.

HYPE1.98%
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