Huang Licheng has $6.5 million in unrealized gains on his HYPE Long Position and has begun to gradually take profit.

PANews June 10 news, according to Yujin, as the HYPE price breaks through $40, Huang Licheng (@machibigbrother) has begun to take profit on his HYPE Long Position in batches. He purchased 200,000 HYPE Spot at $29.4 in May, and then went long on 650,000 HYPE at an average price of $35.6 with 5x leverage. Currently, he still holds 440,000 Long Position and 200,000 Spot, with unrealized gains reaching $6.5 million.

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