HYPE Gains Momentum as Buddy Increases Longs with 10,000 HYPE and 100 ETH, Total Position at $16.28 Million

COINOTAG News, citing HyperInsight data on October 28, reports that the trader nicknamed ‘Buddy’ has again expanded his long exposure in HYPE and ETH. An additional 10,000 HYPE contracts and 100 ETH positions were added, lifting the total long size to about $16.28 million, according to the monitor.

The move signals renewed appetite for bullish leverage within crypto derivatives, as risk-tolerant traders push aggregate exposure higher amid ongoing price volatility. Analysts note the incremental buildup in HYPE and ETH longs reflects sustained demand for top-tier asset exposure and liquidity optimization.

Market participants should watch for follow-through in price action and open interest, while maintaining prudent risk controls. HyperInsight’s ongoing tallies will help gauge sentiment shifts for HYPE and ETH positions and inform near-term positioning strategies.