Hyperliquid trader turns a 7-month LINK long into about $1.29 million in unrealized profit

Hyperliquid trader turns a 7-month LINK long into about $1.29 million in unrealized profit

N
News Editor
2026-09-29 12:15:24
A wallet starting with 0x73ce on Hyperliquid is now sitting on roughly $1.29 million in unrealized profit from a long-running LINK position, according to monitoring data from TradingBeats cited by BlockBeats on Sept. 29. The address currently holds a long position of about 350,000 LINK with 5x leverage, and its average entry price is around $11.73. With LINK trading near $15.41, the position’s unrealized return is about 157%. TradingBeats said the address has been holding the LINK long since February this year, meaning the trade has been open for about seven months. During that period, the position size at one point reached about 350,000 LINK, while the wallet also saw an unrealized loss of about $1.12 million. The address had long ranked among the largest LINK long holders on the platform and was also one of the accounts with the biggest unrealized losses before the position swung back into profit.

BlockBeats reported on Sept. 29, citing TradingBeats monitoring data, that a Hyperliquid address starting with 0x73ce is currently holding a long position of about 350,000 LINK with 5x leverage. The average entry price of the position is about $11.73.

Based on LINK’s current price of about $15.41, the trade is showing roughly $1.29 million in unrealized profit, with a return of about 157%.

The address has held the LINK long since February this year, for about seven months. Its position size at one point reached about 350,000 LINK. During that stretch, the wallet at one time faced an unrealized loss of about $1.12 million and had long been one of the platform’s largest LINK long holders, as well as one of the addresses with the biggest unrealized losses. The position has now turned into an unrealized gain of more than $1 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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