From -$23M Drawdown to +$3.6M , This $HYPE Whale Didn’t Flinch 😳 this is one of those trades where patience (and deep pockets) made all the difference.
The top long holder on Hyperliquid, wallet 0x082e, built a massive position in #hype starting late last year and is now sitting on an unrealized profit of around $3.62M. but that headline doesn’t tell the full story… at one point, when HYPE dropped to around $20, this same position was down a staggering $23.18M. instead of closing, he kept adding margin multiple times just to stay alive and avoid liquidation.
current position looks like this👇
holding ~1.38M HYPE (~$56.8M), average entry: $38.675, unrealized PnL: +$3.62M.
IMPORTANT: just holding this position cost him ~$2.11M in funding fees alone. so this wasn’t just a trade… it was a long-term battle: survived massive drawdown, paid millions just to maintain the position and now finally back in solid profit. this kind of play isn’t about perfect timing, it’s about conviction, capital, and the ability to endure pain most traders would never sit through.
Anyways here is his address:
0x082e843a431aef031264dc232693dd710aedca88
