Data: "Suspected HYPE Coin Listing Insider" whale's unrealized loss narrows but still exceeds 13 million dollars, with an average holding price of 38 dollars

According to monitoring by Hyperinsight, due to today's rebound of HYPE, the "suspected insider whale address for HYPE listing" (0x082e...) has seen its floating losses on HYPE long positions continue to narrow.

Data shows that the loss amount for this position has decreased from 15.33 million dollars to 13.24 million dollars, with the loss percentage narrowing from -201.64% to -165.01%. The current position size is approximately 40.13 million dollars, with an average position price of 38.68 dollars, while HYPE is currently reported at 29.08 dollars, and the liquidation price is at 23.89 dollars. Since the establishment of the position, it has never been closed.

This address had significantly built up long positions just before HYPE went live on Robinhood, and due to the sensitive timing, the community has questioned the possibility of insider information. As of now, it remains the largest long position on the HYPE blockchain and is still in a state of significant floating losses.