BlockBeats News, September 7 - According to TradingBeats monitoring, HYPE is currently trading at $86.74. Although the entry costs of five key long whales range from $56.03 to $85.92, a spread of nearly $30, they have unanimously concentrated their partial profit-taking plans within the same price band.

Between $93 and $96.355, the five addresses have collectively placed 134 "reduce-only" sell orders, involving approximately 302,300 HYPE with a notional value of around $28.656 million. A further rise of approximately 7.2% from the current price would bring HYPE into this whale concentration profit-taking zone.

It is reported that the five whales currently hold a combined long position of approximately 882,100 HYPE, valued at around $76.51 million, with a weighted average entry cost of $78.20 and total unrealized gains of approximately $7.529 million. However, individual cost differences are notable:

- 0xc8b5 has an entry cost of $85.92, planning to realize approximately $15.828 million in this range;

- 0x152e has an entry cost of only $56.03, planning to realize approximately $5.7 million;

- 0x4e23 has an entry cost of $83.46, planning to realize approximately $4.586 million;

- 0x7345 and 0x9032 have entry costs of $76.77 and $64.41 respectively, with an additional approximately $2.54 million in take-profit orders concentrated here.

Some are near their cost basis, while others already hold profits of several dozen percentage points, yet ultimately approximately 34.3% of their combined positions are directed toward similar profit-taking levels. Among them, 0x4e23's approximately $4.586 million sell order was newly created at 05:54 today.

Expanding the scope, the five whales have collectively placed approximately $55.055 million in regular take-profit orders, extending up to $105.96, covering 577,100 HYPE, equivalent to 65.4% of their current positions.

Above the first profit-taking layer, four of the whales have approximately $9.287 million concentrated between $98.154 and $100.25, roughly 13.2% to 15.6% from the current price, forming the second concentrated profit-taking layer for these addresses.

However, the most concentrated layer remains around $93 to $96. Should HYPE continue to rise, TradingBeats will continue to track this batch of $28.66 million in positions.

Addresses:

0xc8b527864ef2ad6dc49de7e99943a3a76ad48891

0x152e41f0b83e6cad4b5dc730c1d6279b7d67c9dc

0x4e23288cee4960f9f962195c22948e4bc7ae20c3

0x734531e87f8c1643321355f7143fcc6169c4b404

0x90326fa293578c6c9ef945aaab0b57f886aca6ec