「1.2M Principal MON Long」 position is at 117% unrealized gain, and further added to the position with HYPE and ZEC longs.
BlockBeats News, November 27th, according to Coinbob popular address monitoring, the "1.2 Million Principal MON Long" (0xccb) saw its MON long position's unrealized gain expand again to $2.69 million (117%), with the current position size approximately $7 million and an average price of $0.028. Additionally, yesterday and this morning, the address successively used MON long profits to open HYPE and ZEC long positions, both with some unrealized gains, totaling about $350,000, with the current total position size around $12.92 million.
The address started accumulating MON around $0.024 and continuously added to the position up to $0.035, then placed take-profit orders in batches in the $0.05 to $0.1 range. As of the time of writing, the account funds have grown from the initial $1.2 million to $4.8 million, making it the largest MON long holder on Hyperliquid.
You may also like

Key Market Information Discrepancy on March 13th - A Must-See! | Alpha Morning Report

On-Chain Options Explosion.ActionEvent

《Time》 Magazine Names Anthropic as the World's Most Disruptive Company

Predictions market gains mainstream traction in the US, Canada, Claude launches Chart Interaction feature, What's the English community talking about today?

500 Million Dollars, 12 Seconds to Zero: How an Aave Transaction Fed Ethereum's "Dark Forest" Food Chain

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
