Onchain Lens: SMARTESTMONEY's $125M 5x HYPE long shows $71.13M unrealized gain

AI Market Summary
Onchain data shows a single "smart money" wallet holding a large 5x leveraged HYPE long on Hyperliquid, with sizable unrealized gains despite meaningful funding costs. The disclosed position size can influence near-term liquidity and positioning, potentially amplifying volatility around margin dynamics and funding rates as other traders react to the wallet's exposure and risk parameters.
Impact level
● Medium
Affected assets
HYPE/USDT+2.34%
AI Insight · HYPE/USDTAI Insight
▲ Bullish
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Odaily Planet Daily reports that Onchain Lens monitoring shows SMARTESTMONEY (0x082e...ca88) is holding a 1.38 million HYPE long position on Hyperliquid with 5x leverage. The position is valued at about $125 million and is currently sitting on an unrealized profit of $71.13 million. Data indicates the entry price was $38.68 and the liquidation price is $76.34. The account has paid $6.3 million in funding fees, while total historical profit stands at $63.22 million.