--- title: "Trader's HyperliquidHYPE Position Turns Profitable After Price Rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/286885422.md" description: "A trader known as 0x082e, who held the largest long position in HyperliquidHYPE, has turned a significant loss into a profit. Initially, the trader leveraged a 5x position to acquire 1.38 million tokens valued at $66.3 million. After facing a paper loss of over $25 million, a recent price rebound has resulted in an unrealized profit of approximately $12.9 million." datetime: "2026-05-19T09:13:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286885422.md) - [en](https://longbridge.com/en/news/286885422.md) - [zh-HK](https://longbridge.com/zh-HK/news/286885422.md) --- # Trader's HyperliquidHYPE Position Turns Profitable After Price Rebound A trader identified as 0x082e, who previously held the largest long position in HyperliquidHYPE, has seen a significant turnaround in their investment. According to ChainCatcher, the trader initially leveraged a 5x position to acquire 1.38 million HyperliquidHYPE tokens over six months ago, with the position valued at approximately $66.3 million. Despite experiencing a paper loss exceeding $25 million due to a decline in HYPE's price, the recent substantial rebound in HYPE's value has reversed these losses. The trader now holds an unrealized profit of about $12.9 million. ### Related Stocks - [BHYP.US](https://longbridge.com/en/quote/BHYP.US.md) - [THYP.US](https://longbridge.com/en/quote/THYP.US.md) ## Related News & Research - [Is HYPE entering a bear market after a 10% weekly decline?](https://longbridge.com/en/news/286385904.md) - [Hyperliquid Strategies spikes on report that the SEC will soon greenlight an “innovation exemption” for tokenized stocks](https://longbridge.com/en/news/286916900.md) - [Can Bitwise’s new ETF push HYPE price beyond $50?](https://longbridge.com/en/news/286590980.md) - [Why Dogecoin was a dog of an investment on Friday](https://longbridge.com/en/news/286627098.md) - [Clear Legal Outlook: No Revenue, No Payment](https://longbridge.com/en/news/286876249.md)