A whale trading HYPE reversed a deep unrealized loss into profit after the token recovered sharply. The trader had opened a long position of 1.38 million HYPE worth $62.13 million at an entry price of $38.6 in November. When HYPE fell to $20.5 in late January, the position showed a floating loss of about $26 million. After HYPE rebounded 120% from that low and reached $45, the same position moved to an unrealized profit of $8.5 million. The update marks a major change from earlier coverage focused on the trader’s equity index exposure and HYPE short positioning.