[HYPE Long Position TOP 1 Address Remains Bullish at an Average Price of $38.6, Holding $54.6 Million Worth of Positions] BlockBeats News, March 26, according to monitoring by Hyperinsight, the price of HYPE fell below $40 this morning. The largest long position holder of HYPE on-chain, suspected to be an 'insider whale' related to HYPE's listing, saw their unrealized profit narrow from $4.6 million recently to $1.16 million. The address currently holds a 5x leveraged HYPE long position, with a scale of $54.6 million and an average entry price of $38.67. The floating return rate is 11%, and the liquidation price has recently risen from $27.55 to $30.15. Meanwhile, funding rate settlements have recorded a loss of $1.82 million. Reportedly, this address made aggressive long positions on October 24 last year, just before HYPE was listed on Robinhood, with precise timing of entry. However, when HYPE approached its peak near $50 at the end of October, the address did not take any profit. Similarly, during this round of price increases, the address has remained inactive and has not reduced its holdings, possibly aiming for a long-term position and anticipating HYPE breaking through the $50 threshold.