MON Mainnet Rally: Hyperliquid’s Largest MON Long Whale Records 110% Unrealized Gain on a 3x Leveraged Position
MON/USDT
$30,757,387.55
$0.01899 / $0.0180
Change: $0.000990 (5.50%)
+0.0056%
Longs pay
COINOTAG News, reporting on on-chain dynamics after the MON mainnet launch, notes that HyperInsight tracking shows a spectrum of unrealized gains among holders with long MON exposure. The leading long position holder (0xccb) commands about $6.82 million in exposure at an average entry of $0.028, with an unrealized gain near $2.6 million — roughly 110%. The address opened a 3x leveraged MON long at 1 a.m. yesterday, and the principal has effectively doubled.
In a subsequent move, this entity trimmed MON long holdings today, realizing approximately $250,000 in gains, and redirected capital into a new ZEC long with a position around $2.53 million at an average price near $508.
These on-chain reallocations illustrate disciplined risk management and strategic liquidity allocation amid post-launch volatility, as traders leverage analytics to calibrate exposure and pursue near-term alpha.