The top long position in HYPE on Hyperliquid has a floating profit of $3.42 million.

According to on-chain analyst Ai Yi, the top-ranked address holding HYPE on Hyperliquid has a floating profit of $3.42 million, after previously experiencing a floating loss of $23.18 million. This address began taking large long positions in HYPE at the end of October last year and currently holds 1.38 million tokens (worth $56.82 million), with an opening price of $38.675. When HYPE fell to around $20 in January this year, this address repeatedly deposited margin to avoid liquidation. Due to the long holding period and large size of the position, its funding rate per HYPE token reached $2.107 million.