BlockBeats News, July 13th. An address starting with 0x4e2 is currently long 374,215 HYPE tokens with 5x leverage, with a notional value of approximately $24.287 million at an average price of $67.1. HYPE is currently trading at around $64.9, resulting in a unrealized loss of approximately $832,000 (about -16.6%).

The margin used for this position is around $4.857 million, with the current account equity at approximately $4.708 million, fully utilizing the leverage. Looking back at previous trades, this marks the second round of attack by this address:

Midday on July 10th: Bought 21,704.98 tokens at an average price of around $67.9, with a total transaction of approximately $1.476 million;

Early on July 11th: Almost liquidated the initial position, closing at breakeven with a loss of about $40,000.

Late on July 12th: Re-entered the market with 71,191.58 tokens, executing trades of around $4.771 million, initiating the second round;

Today, accumulated an additional 303,008 tokens in the price range of $65.39 to $68.095, with a total transaction of approximately $20.346 million, increasing the long position to $24.287 million.

In terms of pending orders, this address has set up 60 rebound take-profit sell orders in the price range of $66.80 to $68.15, totaling 222,304.20 tokens with a notional value of around $15 million, covering about 59.4% of the current position.

Among them, 15 orders are placed below the cost line ($66.80 to $67.12, about $3.721 million), even if executed, these would still be reducing the losses, aiming to first decrease the exposure; the remaining 45 orders are between $67.143 to $68.15 (about $11.279 million), requiring the price to surpass the cost line to realize profits.

Over the past month, this address has accumulated approximately $11 million in profits through HYPE and US stock-related trades; today, all US stock orders have been canceled, and the funds have been concentrated into a long position on HYPE, almost fully leveraging for an uptrend.

Address: 0x4e23288cee4960f9f962195c22948e4bc7ae20c3