Suspected insider information regarding HYPE's listing: A whale long position has seen its unrealized profit expand to $4.7 million, bringing its total open interest to $58.1 million.

According to Mars Finance, on March 18th, Hyperinsight monitoring showed that HYPE's price continued to rise, temporarily reaching $42, a new high in nearly four months. The largest long position in HYPE, suspected of being involved in HYPE's listing, saw whale floating profit expand to $4.7 million. Today, it withdrew approximately $4.4 million in margin, further pushing up the liquidation price. It currently holds a 5x leveraged long position in HYPE, totaling $58.1 million, with an average holding price of $38.67 and a floating return of 41%. The liquidation price rose from $27.55 to $30.15, and the current funding rate settlement has recorded a loss of $1.66 million. As of press time, the position has not been closed. This whale has been holding the position for nearly five months: on October 23rd last year, on the eve of HYPE's listing on Robinhood, this address heavily long in long positions. When HYPE rose to nearly $50 in early February, it could have exited with substantial profits, but chose to continue holding.