HYPE continues its surge, surpassing $72, with the largest on-chain long position once again exceeding $46 million

BlockBeats News, July 6th, according to Hyperinsight monitoring, HYPE continued its rally since last night, reclaiming $72 this morning. The open interest of this contract on Hyperliquid has exceeded $1.59 billion, with a 24-hour trading volume of $250 million.

The biggest beneficiary of this rally, the "Alleged HYPE Listing Insider Trading Whale," has seen its unrealized gains expand to $46 million again. Currently, this address is long 1.38 million HYPE with 5x leverage, with a position value of approximately $99.5 million, an entry price of $38.67, a return of 432%, and a liquidation price of $54.1.

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