Without getting carried away, the "buddy" is continuing to reduce its HYPE long position.

BlockBeats News, August 20, according to TradingBeats (formerly Hyperinsight) monitoring, along with the overnight surge in the cryptocurrency market, the "buddy" long positions have seen significant gains. As of the time of writing, their 25x long position in ETH has a floating profit of $3.18 million, and their 10x long position in HYPE has a floating profit of $162,000.

However, in the past hour, the "buddy" has gradually started actively reducing the HYPE long positions.