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TechFlow, May 11 — According to on-chain analyst EJ, the whale "silentraven" who opened a 3x leveraged long position on HYPE is now sitting on over $10 million in unrealized profit. On April 9, he went long 801,000 HYPE tokens at $12.90 each. The price of HYPE has since doubled to $26, bringing his unrealized profit to $10.62 million.
In addition, within the past half hour, he swapped 100 WBTC for 4,071.6 stETH at an exchange rate of 0.0245.
According to on-chain analyst EJ, the whale "silentraven" who opened a 3x leveraged long position on HYPE is now sitting on over $10 million in unrealized profit. On April 9, he went long 801,000 HYPE tokens at $12.90 each. The price of HYPE has since doubled to $26. His unrealized profit now stands at $10.62 million. Additionally, in the past half hour, he swapped 100 WBTC for 4,071.6 stETH at an exchange rate of 0.0245.
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