Since going long on HYPE last October, the TOP 1 Whale's long position has finally reached a $8.4 million profit.

BlockBeats News, April 14th, according to Hyperinsight monitoring, HYPE's price continued to strengthen, approaching $45 this morning. The largest on-chain HYPE bull's "suspected HYPE listing insider trading" whale's unrealized gain has expanded to $8.4 million.

The address significantly increased its long position on the eve of HYPE's listing on Robinhood on October 24th last year. During the long holding period, despite HYPE's price once rising to nearly $50 without taking profits, it later fell into deep unrealized losses, with the maximum unrealized loss approaching $20 million at one point. During this period, the funding rate settlement also recorded a $2.02 million loss.

It currently holds a 5x leveraged long position on HYPE, with a scale of $61.6 million, an average price of $38.67, a floating return rate of 66.5%, and a liquidation price of $30.

Address: 0x082e843a431aef031264dc232693dd710aedca88