
- Whale opens $120.8M in leveraged long positions
- Focuses on BTC, ETH, HYPE, and PEPE with max leverage
- Holds $23.35M in $HYPE with 115% unrealized gains
A highly profitable whale on the Hyperliquid trading platform is making headlines again. With a track record of $73.85 million in realized profits, this smart whale is currently holding $120.8 million in long positions across major cryptocurrencies. What’s striking? All these positions are taken with maximum leverage.
The whale is bullish on:
- Bitcoin ($BTC) with 40x leverage
- Ethereum ($ETH) at 25x
- Hyperliquid’s native token $HYPE at 10x
- Meme coin $PEPE, also at 10x
This high-risk strategy suggests a very strong conviction in an upcoming market pump. So far, the whale is already up by $1.17 million in unrealized profits from these positions.
$HYPE Bags: A Whale’s Confidence Play
Beyond trading, this whale is also a serious $HYPE token holder. The wallet currently holds 501,796 HYPE, valued at approximately $23.35 million. Impressively, the unrealized gains from this bag alone stand at $12.48 million, marking a return of +115%.
This dual strategy—massive leveraged trading alongside long-term token holding—suggests the whale is betting not just on short-term volatility but also on Hyperliquid’s long-term value.
What This Could Mean for the Market
When high-performing whales make big moves, smaller traders often take notice. With aggressive long positions and a solid stake in $HYPE, this whale’s activity could be signaling strong confidence in the broader market’s direction.
Whether this is a genius move or a risky gamble depends on how the market reacts next. But one thing is clear: whales still play a huge role in shaping crypto momentum, especially on platforms like Hyperliquid.
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