Huang Licheng has begun to gradually take profit on the long HYPE position, with unrealized gains of 6.5 million dollars.

According to Ember Monitoring, Maji’s eldest brother Huang Licheng began to gradually flatten more HYPE to take profits, and he is currently making a profit of $6.5 million on HYPE. He bought 200,000 spot HYPE at $29.4 in May, and then went long 650,000 HYPE with 5x leverage through the contract, opening at an average price of $35.6. As the HYPE price rises and breaks through $40, he begins to gradually close his HYPE long position to take profit. He currently still holds 440,000 HYPE long positions and 200,000 HYPE Spot.