TechFlow news, August 3: According to on-chain analyst Yujin, Jimmy Lin's earlier gains from long positions in ETH, HYPE, and PUMP—amounting to approximately $22.45 million—have now been almost entirely erased. He began taking long positions in HYPE via spot and futures at $27.50 around mid-May, started going long on ETH at $2,654 by the end of May, and at one point in late July, his unrealized profit peaked at $22.45 million. However, as the overall market pulled back in August, his long positions began generating losses.
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