A HYPE long position held by a single address for 10 months has yielded a profit of $57.18 million after the token rose above $80, hitting a new record high.

The position was opened in November last year with 1.38 million HYPE at $38.60 per token, and the holder paid $4.98 million in funding fees during the period.

Overall, the position's value climbed from $53.38 million to $110 million.