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.
