A cryptocurrency whale who invested $53.3 million in 1.38 million HYPE tokens at $38.6 each last November has successfully recovered from a significant loss. After the initial purchase, HYPE's price dropped, reaching a low of $20 by late January, resulting in a paper loss of $26 million. The investor avoided liquidation by adding margin.
Now, after holding the position for four months, the price of HYPE has rebounded above the initial purchase price, resulting in a profit of $440,000. This recovery marks a significant turnaround for the investor, who managed to withstand the market volatility.
Whale Recovers $26 Million Loss on HYPE Investment
Avertissement : Le contenu proposé sur Phemex News est à titre informatif uniquement. Nous ne garantissons pas la qualité, l'exactitude ou l'exhaustivité des informations provenant d'articles tiers. Ce contenu ne constitue pas un conseil financier ou d'investissement. Nous vous recommandons vivement d'effectuer vos propres recherches et de consulter un conseiller financier qualifié avant toute décision d'investissement.
