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.
Source: https://en.coinotag.com/breakingnews/mon-mainnet-rally-hyperliquids-largest-mon-long-whale-records-110-unrealized-gain-on-a-3x-leveraged-position
