The unrealized profit on the suspected informed address’s HYPE long position narrowed to approximately 67300000 USD
Telegram channel HyperInsight said that an address holds an approximately 121000000 USD HYPE long position, with unrealized profit narrowing from approximately 69630000 USD to approximately 67300000 USD. The channel said the address had built a substantial long position before Robinhood listed HYPE, and the community suspects it possessed insider information; this has not been independently verified.