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HYPE Top Holder Long XPL with $5.2 Million Long Position

Summary: According to on-chain data, the top holder of HYPE is going long on XPL, using 380,000 KHYPE (worth $16.8 million) as collateral on Morpho to borrow 5.6 million USDT0, currently holding 11 million XPL long positions (worth $5.2 million). The opening price is $0.49178, liquidation price is $0.26422, with current unrealized losses of $57,000.

According to on-chain data, the top holder of HYPE is going long on XPL, using 380,000 KHYPE (worth $16.8 million) as collateral on Morpho to borrow 5.6 million USDT0, currently holding 11 million XPL long positions (worth $5.2 million).

The opening price is $0.49178, liquidation price is $0.26422, with current unrealized losses of $57,000.

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