A major HYPE token holder has withdrawn $8 million in margin, raising the liquidation price of their position to $33.6. This move follows an increase in unrealized profits to $8 million, according to Hyperinsight monitoring. The address, linked to insider information about HYPE's listing, holds a 5x leveraged long position valued at $61.6 million, with an average entry price of $38.67. The unrealized profit has now narrowed to $6.76 million, or 56%. Since HYPE's rebound from its January low of $20.4, the address has consistently withdrawn large sums after price rallies, with total withdrawals surpassing $10 million. The liquidation level has risen from $20.1 to the current $33.6, suggesting confidence that the price will remain above this threshold.