HYPE Whale Holds $111M Long as Hyperliquid Pushes Into US Energy Markets
- Trader watershedpath holds $111 million in HYPE, the largest long onchain.
- He withdrew $18.5 million in margin, raising his liquidation price to $65.
- Hyperliquid entities have filed a CFTC comment urging US energy perpetual deals.
A trader identified onchain as “watershedpath” is holding the largest single long position in HYPE, Hyperliquid’s native token, currently worth $111 million, according to onchain analytics firm Arkham. The position comes as Hyperliquid-linked entities simultaneously push US regulators to open the door for energy perpetual contracts.
A Position Held for Nearly a Year
According to Arkham’s data:
- The trader has held a long HYPE position for almost a full year
- He is currently up $58 million on the trade
- Rather than taking profit by selling, he withdrew $18.5 million in margin over the past week
- That withdrawal raised his liqui…
Read The Full Article HYPE Whale Holds $111M Long as Hyperliquid Pushes Into US Energy Markets On Coin Edition.
This content is automatically aggregated. Full credit goes to the original publisher (coinedition.com).
