A significant whale transaction occurred on December 29, involving the sale of 100,000 HYPE tokens, valued at approximately $2.5 million, within an hour. The proceeds were then used to initiate a 5-hour Time-Weighted Average Price (TWAP) purchase of 500,000 LIT tokens, worth around $1.73 million. As of now, 77,000 LIT, equivalent to about $266,000, has been successfully acquired. In addition to these transactions, the whale also unstaked another 100,000 HYPE tokens, valued at approximately $2.54 million, which are scheduled to unlock in seven days. The wallet, which received 684,415.94 HYPE at the Token Generation Event (TGE), ranks 20th in airdrop distribution and has accumulated HYPE gains exceeding $17 million.