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The Top HYPE Holder is Long on XPL, Holding a Position Worth $5.2 Million

By: theblockbeats.news|2025/08/22 18:22:21

BlockBeats News, August 23rd, according to on-chain data, the top HYPE holder is currently longing XPL. He has collateralized 380,000 KHYPE (worth $16.8 million) on Morpho, borrowed 5.6 million USDT0, and currently holds a long position of 11 million XPL (worth $5.2 million).

His entry price was $0.49178, liquidation price is $0.26422, with a current unrealized loss of $57,000.

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