A major whale began partially taking profits on its HYPE holdings after six months, achieving total profits of $12.19 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a whale purchased 348,007 HYPE tokens at an average price of $38.56 (approximately $13.42 million) six months ago and has recently begun taking profits. Three hours ago, the whale sold 134,868 HYPE tokens via Flowdesk for approximately $9.92 million. The whale still holds 213,139 HYPE tokens (valued at approximately $15.69 million), with an unrealized profit of roughly $12.19 million.
