HYPE Whale Turns $902K Bet Into $23M, Starts Staged Selling
- —Whale bought 257,928 HYPE at $3.39–3.72 for a total of $902K
- —Position is now worth over $23 million, a 26x gain
- —Deposits to exchange came in batches of 50,000, 51,421 and 30,000 HYPE
- —More than half of the tokens remain in the wallet
Why it matters: Large-scale profit-taking by a major holder could add selling pressure on HYPE at current levels.
Source: ZyCrypto