Data: "Suspected HYPE coin listing insider" whale's unrealized loss narrows but still exceeds $13 million, with an average holding price of $38.

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ChainCatcher reports that, according to Hyperinsight monitoring, due to today’s HYPE rebound, the “suspected insider trading” whale address (0x082e…) holding HYPE long positions has seen its floating losses gradually narrow.

Data shows that the loss has decreased from $15.33 million to $13.24 million, with the loss percentage narrowing from -201.64% to -165.01%. The current position size is approximately $40.13 million, with an average entry price of $38.68. HYPE is currently trading at $29.08, with a liquidation price of $23.89. The address has never closed its position since opening.

This address significantly increased its long positions just before HYPE was listed on Robinhood, leading the community to suspect potential insider information due to the timing. To date, it remains the largest long position on HYPE’s chain and is still in a large floating loss.

HYPE-3.71%
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