Hyperliquid's long whale on Monex are all showing profits, with the top long position holder doubling their initial investment by $2.6 million.

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TL;DR

Hyperliquid's MON long whales are profitable, with the top holder doubling their $2.6M investment. They partially closed the MON position for $250K profit and opened a new long in ZEC.

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HyperliquidDerivativesDecentralized Exchange (DEX) TokenDeFiMONwhaleprofitZEC
According to Mars Finance, on November 26th, HyperInsight monitoring showed that since MON's mainnet, Hyperliquid's long whale in MON have all seen varying degrees of unrealized profits. The largest whale on MON (0xccb) currently has a unrealized profit of $2.6 million (110%), with a position size of approximately $6.82 million and an average price of $0.028. This address opened a 3x leveraged long position in MON at 1 AM yesterday, and its initial capital has now doubled. Furthermore, this address slightly closed its MON long position today, recording a profit of $250,000, and then opened a new long position in ZEC, with a position size of approximately $2.53 million and an average price of $508.

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