Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Whale HYPE high leverage operation: re-enter with $7.9 million 10x long position after taking profit
【Chain News】Interesting on-chain data has emerged. The recent activity of address 0x38fd is worth noting—first closing a long position in HYPE, successfully securing a profit of $249,000. Not long after, this trader reopened a 10x leveraged long position of 321,484 HYPE tokens within the past two hours, involving an amount as high as $7.9 million.
This kind of operation—taking profits and immediately re-entering a large position—indicates a continued bullish outlook on HYPE. However, using 10x leverage also carries significant risks, and one must keep a close eye on stop-losses and risk exposure.