ChainCatcher news, according to on-chain data, the top holder of HYPE is going long on XPL. He has collateralized 380,000 KHYPE (worth 16.8 million USD) on Morpho to borrow 5.6 million USDT and currently holds 11 million XPL long positions (worth 5.2 million USD).

His opening price was 0.49178 USD, liquidation price was 0.26422 USD, and current unrealized loss is 57,000 USD.