Gate News, March 25 — According to Hyperinsight monitoring, after HYPE’s price broke above $40 today, it entered a tug-of-war between bulls and bears. Two large on-chain whales are closing positions within a narrow range. In the past hour, a whale starting with 0xfaa opened a short position on HYPE with 10x leverage, with a position size of $1.03 million, an average entry price of $40.22, and a liquidation price of $42.17. The current unrealized profit is $5,300 (5%). Additionally, another whale (0x965) opened a long position at a similar average price over the past few hours, with a position size of $4.7 million, a liquidation price of $38.1, and an unrealized loss of $33,000 (-7.4%), forming a long-short standoff.
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