On-chain HYPE main long positions generally turn profitable, "suspected HYPE coin listing insider" giant whales still have unrealized losses of $16.6 million

BlockBeats News, January 27 — According to HyperInsight monitoring, as HYPE’s price rose to $26 today, most major long positions on-chain have turned profitable. However, among the whales holding over ten million dollars, only the “suspected HYPE listing insider” whale remains deeply trapped. Its opening average price was as high as $38.67, with unrealized losses today narrowing from $23 million (-40%) to $16.6 million (-265%). The current position size is approximately $36.6 million, making it still the largest long on-chain HYPE.

On the other hand, the whale (0x082…) that bottomed out and built a position on January 12 at an average price of $22.36 has now turned profitable, with an unrealized gain of about $5.3 million (80%). Its position size is approximately $32.73 million, making it the second-largest long on-chain HYPE.