On-chain HYPE major long positions generally turn profitable, while the "suspected HYPE listing insider" whale still has an unrealized loss of $16.6 million
BlockBeats News, January 27, according to HyperInsight monitoring, as the price of HYPE rose to $26 today, most major long positions on-chain have turned profitable. However, among the whales holding tens of millions, only the "suspected HYPE insider listing" whale remains deeply trapped. This whale's average entry price is as high as $38.67, and the unrealized loss has narrowed from $23 million (-40%) to $16.6 million (-26.5%) today. The current position size is about $36.6 million, making this whale still the largest long holder of HYPE on-chain.
On the other hand, the whale (0x082…) who bottom-fished and opened a position at an average price of $22.36 on January 12 has now turned profitable, with an unrealized gain of about $5.3 million (80%) and a position size of about $32.73 million, making it the second largest long holder of HYPE on-chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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