The largest long holder in Hyperliquid's Changxin Storage market has kept the position open for about 34 days since it was established on July 15, while earning heavily from negative funding as well as price gains. The position is valued at about $13.221 million, with an average entry of $6.62 and unrealized profit of about $3.093 million. During the holding period, the whale has also collected roughly $2.198 million in net funding, bringing cumulative profit to about $5.458 million, with around 40% of that total coming from funding payments. Earlier, the address had started taking profit in batches through TWAP and limit orders, realizing about $230,000 after selling nearly 100,000 tokens while still retaining a large leveraged long. Over the past 30 days, cumulative hourly funding in Changxin Storage was about negative 17.8%, meaning a 1x long with an unchanged position could have earned about 17.82% in notional returns from funding alone. At publication, the funding rate was about negative 0.1023% per hour, implying a static monthly funding return of about 73.7%. Open interest across the market stood at about $66.904 million, while the largest short position was worth about $25.05 million, or roughly 37.4% of total open interest, and had cumulatively paid about $3.865 million in net funding since the position was opened.