HYPE whale watershedpath banks $18.5M from $111M long, holds position

By Michael FawnThe HYPE whale known as ‘watershedpath’ pulled $18.5 million in margin from their massive $111 million long position in HYPE. 5 million in margin from their massive $111 million long position in HYPE, the native token of the Hyperliquid decentralized exchange.This HYPE whale’s move, revealed by on-chain data firm Arkham on August 26, 2026, allows the trader to secure a significant portion of their unrealized $58 million profit without liquidating the underlying e