A major whale sold 102,000 HYPE tokens, generating over $1 million in profit within 13 days.
According to on-chain analyst Onchain Lens (@OnchainLens), the whale address “0x688” sold 102,001 $HYPE tokens at $57.3 each, cashing out $5.84 million in USDC; it realized over $1 million in profit within 13 days and now holds only 54 $HYPE tokens in its wallet.