- Smartestmoney.hl holds 1.38M HYPE long worth $108.34M with $54.97M unrealized profit|Position entered at $38.68 with liquidation level at $61.67, held for ~8 months|On-chain data reported August 22, 2026 — profit remains unrealized, no exit confirmed
BREAKING
$108.34M HYPE Long Sits on $54.97M Unrealized Gain
On-chain data flagged on August 22, 2026 shows that wallet Smartestmoney.hl (address: 0x082e843a431aef031264dc232693dd110aedca88) is currently holding a 1.38 million HYPE long position valued at approximately $108.34 million, with an unrealized profit of $54.97 million accumulated over roughly 8 months.
Position Details
- Position size: 1,380,000 HYPE (~$108.34M)
- Entry price: $38.68
- Liquidation price: $61.67
- Unrealized profit: $54.97M
- Hold duration: ~8 months
Context and Risk Profile
The entry at $38.68 places this position well below the current market price, with the liquidation level set at $61.67 — notably below the entry point, which indicates the position carries a downside liquidation structure rather than a standard leveraged long setup where liquidation sits above zero. This suggests the wallet may be using a collateral or margin configuration that places the risk threshold below entry, a structure typically associated with lower-leverage or cross-margin arrangements.
The scale of the unrealized gain — nearly half the total position value — reflects sustained directional conviction over an extended timeframe. As noted in our coverage of HYPE breaking its all-time high at $82 while a major short bled $19.55M in losses, HYPE has attracted significant two-sided institutional-scale positioning in recent months. Meanwhile, other large participants have also been building directional exposure, as seen when a separate wallet placed a $10.97M HYPE long at $81.64 with 4x leverage, underscoring continued long-side interest at elevated price levels.
Wallet and Source
The wallet address tied to this position is 0x082e843a431aef031264dc232693dd710aedca88, flagged by the on-chain monitoring channel OnChainLens. The label Smartestmoney.hl is a tracker-assigned identifier and does not represent an officially verified entity name.
Note: The $54.97M figure represents unrealized profit only — no on-chain data confirms any portion of this position has been closed or profits realized.
Source: Onchainlens · Published by CoinsProbe Markets Desk
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