The post MON Mainnet Rally: Hyperliquid’s Largest MON Long Whale Records 110% Unrealized Gain on a 3x Leveraged Position appeared on BitcoinEthereumNews.com. 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-positionThe post MON Mainnet Rally: Hyperliquid’s Largest MON Long Whale Records 110% Unrealized Gain on a 3x Leveraged Position appeared on BitcoinEthereumNews.com. 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

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more