Data: "HYPE Coin Insider Whale" has a floating profit of over 68 million USD on long positions, with funding fees already paid of 5.42 million USD

According to monitoring by TradingBeats, as HYPE broke through $88, the largest HYPE long address on Hyperliquid, 0x082e…ca88, currently holds approximately 1.38 million HYPE long positions, with a position value of about $12.2 million, an average opening price of $38.68, and current floating profits of about $6.862 million, using 5x full leverage.

This address opened approximately $40 million in HYPE long positions with 5x leverage about 5 hours before Robinhood announced the launch of HYPE spot trading on October 23, 2025. Due to the precise timing of the large entry, the community suspected there was non-public information, hence it was referred to as the "HYPE listing insider whale."

From December 5 to 6 of the same year, this address continued to increase its position by about 93,500 HYPE in the $31 to $32 range, ultimately raising the current holdings to about 1.38 million, and has held the contract position until now. This address has currently paid $5.42 million in funding fees for its long positions.