A giant whale opened a long position of 1.38 million HYPE, recovering losses and achieving a profit of 8.5 million dollars

According to on-chain analyst Yu Jin's monitoring, a certain whale opened a long position of 1.38 million HYPE at last year's peak, worth 62.13 million dollars. At that time, HYPE dropped to a low of 20.5 dollars, resulting in an unrealized loss of 26 million dollars. Since then, the price of HYPE has rebounded to 45 dollars, an increase of 120% from the lowest point, turning the whale's unrealized loss into a break-even and realizing a profit of 8.5 million dollars.