Hypersphere Ventures Sells $5.78M in HYPE, Books $2.13M Profit
- —Hypersphere Ventures sold 62,869 HYPE for $5.78 million
- —The sale netted a $2.13 million profit
- —Whale 0xc745 deposited 177,518 HYPE worth $16.08 million into OKX and Bybit
- —The activity was flagged by on-chain analyst @lookonchain
Why it matters: Large sales and exchange deposits could add selling pressure on HYPE in the near term.
Source: Coinfomania