On-chain HYPE Long vs Short Leaderboard once aligned at the $24 starting line, now showing a difference of over $25 million in P&L

BlockBeats News, February 5th, according to HyperInsight monitoring data, the largest long and short whales in on-chain HYPE holdings both entered the market around the $24 price level and stood on the same starting line. However, in the subsequent market volatility, the profit and loss directions of the two whales were completely opposite: the current largest short whale has unrealized losses of over $10 million, while the largest long whale has unrealized gains of about $15 million, with a profit and loss difference exceeding $25 million.

The address of the largest long whale is "Hyperliquid early contributor Loracle": with a position size of about $50.3 million, an average price of $24.37, and unrealized gains of about $15.3 million (+149%).

The largest short whale is (0x40e): with a position size of about $36 million, an average price of $24.86, unrealized losses of about $10.2 million (-142%), and a liquidation price of $48.8.