Whale Successfully Closes $7.8M HYPE Long Position, Realizes $2.18M Profit

Whale's Transaction Review

At 12:13 PM on January 29, a well-known whale address (0x9e2…) completed the closure of its 250,000 HYPE token long position. The total transaction value was approximately $7.875M, with an average execution price of around $31.2.

Profit Analysis

This transaction generated a profit of approximately $2.18M. As a significant market participant, the whale's decision once again demonstrated its precise control over market fluctuations.

Market Impact

The whale's closing activity could influence market sentiment and provide important signals for other investors.