🚨As $HYPE's price surpasses $40, Jeffery Huang begins closing🟢 long positions to secure #profits currently standing at $6.5 million.

🔹He initially purchased 200,000 HYPE at $29.4 in May and leveraged a 5x🟢 long position on 650,000 HYPE at an average opening price of $35.6, still holding 440,000 HYPE in long positions and 200,000 in spot.