HYPE reached a new all-time high, leaving the largest on-chain HYPE long with an estimated $53.26 million unrealized profit on 1.38 million tokens at 5x leverage, according to TradingBeats, formerly Hyperinsight, as cited by BlockBeats. The address has paid about $4.9 million in funding fees. It previously opened an approximately $40 million 5x HYPE long around five hours before Robinhood announced the token’s spot listing on Oct. 23, 2025, prompting community speculation about possible access to nonpublic information. Separately, a Coinglass snapshot cited by ChainCatcher put total whale positions on Hyperliquid at $6.617 billion, with longs accounting for $3.195 billion, or 48.28%, and shorts $3.422 billion, or 51.72%. That snapshot showed $452 million in profits on longs versus a $468 million loss on shorts and placed address 0x082e..88’s 5x cross-margin HYPE long at an unrealized profit of $56.6955 million, a figure that differs from the later TradingBeats estimate.