「Suspected Hype Coin Listing Insider Trading」 Whale's Multi Long Position Floating Profit Expands to $4.7 Million, Position Size Reaches $58.1 Million

On March 18, HyperInsight monitoring data shows HYPE’s price is surging—currently at $42, a nearly four-month high. HYPE’s largest long position holder, suspected of possessing insider information about the token’s listing, has seen unrealized gains climb to $4.7 million. Earlier today, the holder withdrew roughly $4.4 million in margin, pushing the liquidation price higher. As of now, the whale maintains a 5x leveraged long position worth $58.1 million, with an average entry price of $38.67 and a floating return of 41%. The liquidation price has risen from $27.55 to $30.15. The address has incurred $1.66 million in losses from funding fee settlements, and no positions have been closed as of press time. This whale has held the position for nearly five months: On October 23 last year—on the eve of HYPE’s Robinhood listing—the address ramped up its long position significantly. When HYPE jumped to nearly $50 in early February, the whale could have locked in massive profits but opted to keep holding.