According to Ai 姨 (@ai_9684xtpa), a major trader has opened a 3x long position on $HYPE, holding 147,000 tokens worth $2.04 million, causing a short-term price surge to $13.95. The trader's current portfolio includes a 40x short on BTC, a 3x long on HYPE, and a 5x long on MELANIA, totaling $432 million in value.

According to AltcoinGordon, the long-term holding of cryptocurrencies can significantly impact portfolio value, especially in volatile markets. This emphasizes the importance of patience and strategic planning for traders aiming for substantial returns during market cycles.