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A certain whale sold approximately 123k HYPE tokens, making a profit of $2.5 million after holding for over a month and a half.

BlockBeatNews
BlockBeats News, May 27 — According to OnchainLens, the whale "0x96e" sold 123,127 HYPE tokens at an average price of $61, earning $7.5 million in USDC, and after holding for over a month and a half, made a profit of $2.5 million. The whale previously purchased $5 million worth of HYPE tokens.
HYPE0.36%
USDC-0.01%
View Original
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GateUser-ad8b77bd
· 2h ago
2.5 million profit, the estimated fees are enough to cover my principal.
View OriginalReply0
QuietValidator
· 4h ago
7.5 million USDC secured, the bear market mindset is ingrained in my bones
View OriginalReply0
ExitLiquidityBuddy
· 05-27 05:35
HYPE's volatility this time, even the whales only trade in swings and don't dare to hold long-term.
View OriginalReply0
GoldfishUnderTheIce
· 05-27 02:14
An average price of $61 suggests that his entry cost is approximately around $40—precise.
View OriginalReply0
GlassDomeBaskingInMoonlight
· 05-27 02:09
Whales can never learn how to operate—once it was up, it ran off at a loss of 61 knives, and if it were me, I’d at least end up getting a three-digit amount.
View OriginalReply0
GateUser-2eca626f
· 05-27 02:02
Exchanging for USDC instead of continuing to stake indicates a more conservative outlook on the subsequent market trend.
View OriginalReply0
OrangePeelRadio
· 05-27 02:00
Doubling in just over a month; this return rate would take ten years in traditional finance.
View OriginalReply0
PurpleMistLily
· 05-27 01:58
Holding for over a month and a half already counts as a long-term hold for DeFi players.
View OriginalReply0
PublicBlockchainUnderTheAurora
· 05-27 01:58
With this level of dumping/selling, once the on-chain data is released, retail investors immediately start FUD.
View OriginalReply0
ToBeHonest,You'llLose
· 05-27 01:58
0x96e this address seems to have interacted with ARB before? An old acquaintance.
View OriginalReply0
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