**["Suspected HYPE Listing Insider"] Whale's Long Position Floating Loss Expands to $17.2 Million, Emergency Adjustment of Liquidation Price to $24** BlockBeats reports that on February 24, according to Coinbob's monitoring of popular addresses, as the price of HYPE continues to decline, the largest long position holder of this token, suspected to be an "insider of HYPE listing," has seen their floating loss expand to $17.2 million. Late last night and early this morning, the whale urgently deposited a total of $2.4 million in margin across three transactions to lower the liquidation price. The address currently holds a 5x leveraged long position in HYPE, with a position size of approximately $36.18 million and an average entry price of $38.67. The current loss rate is approximately 237%, and the liquidation price has been adjusted from the previous $26.15 to $23.9. The position is now only about 2.2% away from the liquidation price. Although HYPE had previously experienced a significant rally, bringing the position close to breakeven, the whale has consistently chosen not to close the position and exit. The address began aggressively building its long position on October 23 last year, prior to HYPE's listing on Robinhood. Shortly after the position was established, the price fell below the cost basis and has remained in a floating loss state ever since. During this period, the whale has never adjusted or reduced the position, continuously "holding on" until now. Previously, the peak floating loss reached nearly $26 million, with the liquidation price once around $20.1. In mid-to-late January, the position was only 0.37% away from liquidation.