HYPE Whale Withdraws $9M in Margin Over 2 Days, Pockets Over $30M in Gains

HYPE1.09%
According to Hyperinsight monitoring, HYPE's largest whale withdrew $9 million in released margin over the past 2 days as of June 1, bringing cumulative cash-out gains to over $30 million. The address currently holds 1.38 million HYPE tokens with 5x leverage, valued at approximately $101 million, with an average entry price of $38.67 and unrealized gains of $47.9 million (+236%). The liquidation price has risen to $52.8 following the withdrawals.
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