Trader 0xc6fe turned a $HYPE perp run into $1.43M in unrealized profit over two days, doubling down on the same 10x long twice in a row. The wallet opened the first position on 110,735 $HYPE ($7.6M notional) and closed it for $580K, then sized up immediately into a second 10x long on 204,383 $HYPE ($14.89M notional) that is now up $838K on screen.
The pattern is the story, not the PnL: a single address catching a token-specific move, taking profit on the first leg, and then pressing the same direction with more size while the move was still live. That kind of scale-up into strength is rarer than the headline profit number suggests.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0xc6fee72e2dfb27d75c282747f268738c7bc179b1#perps)
Frequently asked questions
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Who is wallet 0xc6fe?
0xc6fe is an on-chain address tracked on HypurrScan that has been actively trading $HYPE perpetual futures. The wallet is not publicly identified as a known trader or fund.
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How did 0xc6fe make $1.4M on $HYPE?
The wallet opened a 10x leveraged long on 110,735 $HYPE ($7.6M notional), closed it for a $580K profit, then opened a larger 10x long on 204,383 $HYPE ($14.89M notional) that is currently up $838K.
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Is the second $HYPE position still open?
According to the HypurrScan data referenced, the second 10x long on 204,383 $HYPE is still open and showing $838K in unrealized profit.
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What exchange are these $HYPE perps traded on?
The positions are tracked on HypurrScan, which is associated with Hyperliquid — the venue where $HYPE perpetual futures are listed.
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Does this trade say anything about $HYPE's direction?
One wallet's leveraged long does not constitute a market call. It shows one trader's directional conviction on $HYPE, but it is not a reliable signal for broader price action.
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