According to data from blockchain monitoring platform lookonchain, on February 3, the HYPE token continued to rise, and a bullish investor holding 1.48 million HYPE tokens under the address '0x8def' has realized unrealized gains of over $18.67 million.
Based on the current market price, the total value of this wallet's holdings is estimated at around $54.7 million, sparking widespread attention from the crypto community.
Long Position Value Surges
Historical records show that this address began accumulating HYPE at much lower price levels. As market interest has grown, the value of its holdings has significantly increased.
- Token holdings: 1.48 million HYPE
- Unrealized gains: $18.67 million
- Total value: $54.7 million
This development highlights growing market confidence in the HYPE project's long-term potential.