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「1.2M Principal MON Long」 account saw its funds increase to $4M, now placing a buy order to go long on MON at $0.05.
BlockBeats News, November 26th, according to Coinbob Popular Address Monitor, the address (0xccb) that held a $1.2 million long position in MON partially closed its position today, realizing a profit of approximately $3.47 million. Currently, it still holds a long position in MON worth about $6.49 million, with an unrealized profit of $2.24 million (103%) and an average price of $0.028. Furthermore, it has placed take-profit orders in batches in the $0.05 to $0.1 range and set a stop-loss order at $0.031.
According to monitoring, starting from 00:00 on the 25th, the address opened a position in MON at around $0.024, then within 6 hours, invested the full $1.2 million principal and increased the position through leverage. By 06:00 on the 25th, when MON's price rose to around $0.035, its position size had increased to $4.8 million, and the average price had been adjusted to $0.028. At the time of writing, the account funds have grown from the initial $1.2 million to $4 million, making it the largest long position holder in MON on Hyperliquid.
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