TechFlow news, June 10 — According to analyst Yujin's monitoring, as HYPE price rose above $40, Machi Big Brother Huang Limei (@machibigbrother) began gradually closing his long positions in HYPE to secure profits. He currently holds a floating profit of $6.5 million on HYPE. In May, he purchased 200,000 HYPE tokens at $29.4 per token, and later opened a 5x leveraged long position for 650,000 HYPE tokens via futures contracts, with an average entry price of $35.6. As HYPE price surpassed $40, he started progressively closing his long positions to lock in gains. He currently still holds 440,000 HYPE long positions and 200,000 HYPE spot tokens.
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