According to @EmberCN, prominent crypto trader Huang Licheng (@machibigbrother) has nearly wiped out his previous $22.45 million profit from long positions in ETH, HYPE, and PUMP due to the recent August market downturn. Starting mid-May, Huang began accumulating HYPE around $27.5 and ETH at $2,654 through both spot and futures. By late July, his profits peaked at $22.45 million. However, the broader market correction in August has reversed these gains, highlighting the risks of aggressive leveraged trading strategies in volatile cryptocurrency markets (source: @EmberCN).

According to @EmberCN, trading activity by James Wynn on Hyperliquid has brought significant attention and strong price support to the HYPE token. In addition to continued HYPE accumulation by major holder Huang Licheng, another whale investor recently purchased 340,000 HYPE tokens for $11.76 million at an average price of $34.5, currently holding a floating profit of $360,000. This sustained whale activity and influencer-driven trading are reinforcing HYPE’s upward price momentum and attracting further liquidity to Hyperliquid’s platform, making HYPE a focal point for crypto traders seeking volatility and breakout opportunities. Source: Twitter (@EmberCN, May 25, 2025)

According to @EmberCN, prominent crypto investor Huang Licheng (@machibigbrother) deposited $750,000 USDC into Hyperliquid and purchased 27,282 HYPE tokens at $27.5 each approximately 9 hours ago. This significant whale purchase highlights growing interest in HYPE, suggesting potential for increased short-term price volatility and renewed market attention. Traders should monitor on-chain activity for further large transactions as such high-value buys can impact liquidity and price momentum. Source: @EmberCN on Twitter.