On-chain HYPE Bullish Sentiment Dominates as Mainstream Positions Flip to Profit, Whales Suspected of Insider Coin Listing Pump Face $16.6M Paper Loss

BlockBeats News, January 27th, according to HyperInsight monitoring, as today's HYPE price rose to $26, the majority of on-chain key long positions have turned profitable. However, among whale accounts with holdings in the millions, only the "suspected HYPE listing insider trading" whale remains deeply in the red. Their average entry price is as high as $38.67, and today, their unrealized loss has narrowed from $23 million (-40%) to $16.6 million (-265%). They currently hold approximately $36.6 million, remaining the largest long position on-chain in HYPE.

On the other hand, the whale (0x082...) who bottom-fished with an average price of $22.36 on January 12th has now turned their loss into a gain, with an unrealized gain of around $5.3 million (80%) and a holding size of approximately $32.73 million, now the second-largest long position on-chain in HYPE.