The "1.2 million principal MON long position" account has grown to 4 million USD, and currently has a buy order for MON at 0.05 USD.
TL;DR
A trader's $1.2M MON long position grew to $4M, with partial profit-taking and active buy orders. They hold $6.49M in MON with a 103% floating profit and set profit-taking and stop-loss orders.
Tags
On November 26th, according to Coinbob's monitoring of popular addresses , the address (0xccb) that long positions in MON partially closed its positions today, realizing a profit of approximately $3.47 million. It currently still holds approximately $6.49 million in long MON positions, with a floating profit of $2.24 million (103%), at an average price of $0.028. Furthermore, it placed profit-taking orders in batches between $0.05 and $0.10 and set a stop-loss order at $0.031.
According to further monitoring, this address initiated a position at approximately $0.024 on the MON price starting at midnight on the 25th. Within six hours, it used its entire initial capital of $1.2 million to buy more shares and then rolled over the position to further increase its long position. By 6:00 AM on the 25th, the MON price had risen to approximately $0.035, and its position had grown to $4.8 million, with the average price increasing to $0.028. As of press time, its account balance has grown from the initial $1.2 million to $4 million, making it the largest long position holder on MON on Hyperliquid.