HYPE's largest bull continues to withdraw $9 million in margin, accumulating over $30 million in realized profits.

Huo Mars Finance reports that, according to Hyperinsight monitoring, over the past two days, the largest HYPE long position—suspected to be linked to insider information about HYPE’s listing—has continued to withdraw margin released by growing unrealized profits, totaling $9 million in withdrawals as of press time. This wave of withdrawals has raised the liquidation price to $52.80, suggesting the price is unlikely to drop back to this level in the short term. The address currently holds a 5x leveraged long position of 1.38 million HYPE tokens, with a position value of approximately $101 million, an average entry price of $38.67, and an unrealized profit of $47.9 million (+236%). Since HYPE rebounded from its January low of $20.40, this address has consistently withdrawn margin from unrealized profits after each significant price surge, cumulatively locking in over $30 million in profits, while the liquidation price has steadily risen from a low of $20.10. This position was initially established on October 23 last year—just before HYPE’s listing on Robinhood—and has remained open ever since, with the holder continuously withdrawing released margin as a de facto profit-taking strategy. Address: 0x082e843a431aef031264dc232693dd710aedca88