A crypto whale deposited 71,000 HYPE tokens worth $6.48 million into an exchange at a price of $91.26, signaling a potential profit-taking move. The transaction occurred just 50 minutes ago and suggests the holder may be preparing to sell part of their position.
The same wallet previously withdrew 142,834 HYPE tokens valued at $12.3 million from an exchange on September 4 at an average price of $86.15. If the newly deposited tokens are sold at current levels, the whale stands to realize approximately $362,000 in gains. This account also began accumulating $6.99 million in ETHFI starting September 29.
Whale Deposits $6.48M in HYPE to Exchange for Potential $362K Profit
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