- Smartestmoney.hl holds 1.38M HYPE long worth ~$132.32M — entered at $38.68, now at $95.88
- Unrealized profit climbed from +$54.97M to +$78.94M; lifetime PnL stands at +$71.56M per OnchainLens
- Liquidation price is $73.26 — 23.6% below current price of $95.88
BREAKING
A single Hyperliquid perpetuals position — opened at $38.68 and never closed — has quietly grown into one of the most profitable active trades on-chain. The wallet tracked as Smartestmoney.hl is still holding its full 1.38 million HYPE long, now valued at approximately $132.32 million, according to OnchainLens.
At the time of writing, HYPE is trading at approximately $95.88 — a gain of roughly +147.7% from the wallet’s confirmed entry price of $38.68.
The Position — Size, Entry, and Current State
OnchainLens flagged an update on September 21, 2026, showing the position’s unrealized profit has climbed from an earlier reading of +$54.97M to +$78.94M — a gain of approximately $23.97M in unrealized profit within the update window. Lifetime PnL for the wallet now stands at +$71.56M.
| Metric | Value |
|---|---|
| Position Size | 1.38M HYPE (long) |
| Entry Price | $38.68 |
| Current Price | $95.88 |
| Position Value | ~$132.32M |
| Unrealized Profit | +$78.94M |
| Lifetime PnL | +$71.56M |
| Liquidation Price | $73.26 |
| Wallet Address | 0x082e843a431aef031264dc232693dd710aedca88 |
Source: OnchainLens (X) — September 21, 2026
Why This Position Is Structurally Significant
The liquidation price sits at $73.26 — approximately 23.6% below current price. That gap means the position is not under immediate liquidation pressure, but it also defines the precise line at which the trade would be force-closed. A sustained HYPE drawdown to $73.26 would wipe the position regardless of unrealized gains accumulated above that level.
The wallet is not a new participant. Lifetime PnL of +$71.56M — distinct from the current unrealized figure — reflects closed profits realized prior to this active trade, indicating this is a repeat high-conviction actor on Hyperliquid’s perpetuals market. For context on how concentrated large positions are building across the HYPE ecosystem, see our earlier coverage: Machi Big Brother Grows Long Book to $131M Across ETH, BTC, and HYPE.
Is the Position Still Accumulating Risk?
The position size has not changed — still 1.38M HYPE, same entry, same liquidation threshold. What has changed is the dollar value of the unrealized gain. At $95.88, the position is sitting $22.62 above its liquidation price. That buffer is substantial in absolute terms but represents roughly a 19% adverse move from current levels before forced closure.
The metric to track is HYPE’s spot price relative to the $73.26 liquidation floor. As long as HYPE holds above that level, Smartestmoney.hl’s position remains intact and the unrealized profit continues to compound. Below it, the position closes automatically — and a $132M long unwind of this scale would represent meaningful sell-side pressure on Hyperliquid’s perpetuals market.
For additional context on large leveraged positions on Hyperliquid, see: Whale Opens $4.6M ZEC Long at 10x Leverage on Hyperliquid.
The trade remains one of the largest single active HYPE longs tracked on-chain. Smartestmoney.hl entered at $38.68, is now sitting on +$78.94M unrealized with a lifetime PnL of +$71.56M, and holds a liquidation line at $73.26. Whether that buffer survives the next volatility window is the only question that matters for this position. Track HYPE’s spot price against the $73.26 floor in real time via the wallet address 0x082e843a431aef031264dc232693dd710aedca88 on Hyperliquid.
Frequently Asked Questions
Who is Smartestmoney.hl and what is their HYPE position?
What is the liquidation price for this HYPE long position?
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Source: OnchainLens · Published by CoinsProbe Markets Desk
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