「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.