Monitoring data from TradingBeats shows that the largest HYPE long address on Hyperliquid is now holding roughly 1.38 million HYPE in long positions, with the position valued at about $128.6 million. The address entered at an average price of $38.6755 and is currently sitting on an unrealized profit of around $75.27 million, while using 5x cross leverage. The same address has already paid about $5.858 million in funding fees for the position.
The wallet had previously drawn market attention on Oct. 23, 2025, when it opened a roughly $40 million HYPE long with 5x leverage about five hours before Robinhood announced the listing of HYPE spot trading. Because the timing of that large entry was seen as unusually precise, community members suspected the trader may have had access to non-public information. That led to the address being labeled by some in the community as the "HYPE listing insider whale."
TradingBeats data also shows that on Dec. 5 and 6 of the same year, the address added about 93,500 HYPE more in the $31 to $32 range, lifting the total position to roughly 1.38 million HYPE. The contract position has been held ever since.
According to monitoring data from TradingBeats on Sept. 22, the largest HYPE long address on Hyperliquid is currently holding about 1.38 million HYPE in long positions, with the position valued at roughly $128.6 million. The average entry price stands at $38.6755, and the address is now showing about $75.27 million in unrealized profit while using 5x cross leverage.
The address had previously come under market scrutiny on Oct. 23, 2025, when it opened a roughly $40 million HYPE long with 5x leverage about five hours before Robinhood announced the launch of HYPE spot trading. Because the timing of the large entry was seen by the community as unusually precise, the trader was suspected of having access to non-public information. The address was later referred to by community members as the "HYPE listing insider whale."
TradingBeats data shows that between Dec. 5 and Dec. 6 of the same year, the address added about 93,500 HYPE more in the $31 to $32 range. That brought the current position to roughly 1.38 million HYPE, and the contract position has been held ever since. So far, the address has paid $5.858 million in funding fees for the long.
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