Data: A certain whale holds 1.38 million HYPE long positions for 8 months, currently with an unrealized profit of 18.8 million USD

According to on-chain analyst Yu Jin's monitoring, multiple institutions have released their staked HYPE and sold it. HYPE has dropped from $72 to $52 in the past month, a decline of 28%. A certain whale holds 1.38 million HYPE long positions, valued at $72.15 million, with the current liquidation price at $47.6, approximately 9% away from HYPE's current price.

This position has been held for 8 months and has not been closed. At the end of January, it had an unrealized loss of $26 million, with a maximum unrealized profit of $47.46 million in June, and currently still has an unrealized profit of $18.8 million; its proximity to the liquidation price is due to the previous withdrawal of a significant amount of unrealized profit margin.