HYPE surged 12% today, with a whale(suspected insider information about HYPE's listing) reportedly making over $3 million in short-term profits.

According to Mars Finance, on November 18th, market data shows that HYPE continued its upward trend, rising over 12% and reaching a high of $41.8. HyperInsight monitoring also indicates that the long position in HYPE held by the alleged whale(0x082) that was suspected of having insider information regarding HYPE's listing has turned from loss to profit, reaching a peak profit of $3 million (31%). The position has since slightly retreated, currently holding approximately $53.07 million at an average price of $39.18. Its main long positions are: $53.07 million in HYPE, $4.58 million in STRK, and $0.5 million in PURR. This address previously opened a $40 million long position in HYPE (5x) five hours before announcing its spot trading launch on Robinhood on October 23rd, leading to community suspicions of insider trading.