CryptoWorld News reports that a certain whale has sold about 57,300 HYPE tokens in batches using TWAP (time-weighted order execution), which is equivalent to roughly $3.3 million at the current price. Meanwhile, this address also simultaneously sold about 2.28 million meme tokens Purr from the HyperLiquid ecosystem, valued at about $200,000. Judging from the overall selling pressure on the platform, as of the time of publication, the TWAP net selling power for HYPE over the next 24 hours reaches $1.2 million.

HYPE1.34%
PURR1.68%
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ReboundAtTheStreetCornerAfter
· 10h ago
HyperLiquid ecosystem tokens are being dumped together, suggesting a bit of collateral damage.
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午休看TVL
· 10h ago
TWAP liquidation explanation: I don’t want to crash the market, but the 1.2 million in net sell pressure is still scary.
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AncientKeysUnlockNewChains
· 10h ago
HYPE has been weak lately, and with this news out, short-term trading is even more difficult.
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TheHiddenRisksBehindApy
· 10h ago
3.3 million dollars might just be rebalancing for a whale; retail investors, don't scare yourselves.
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BoredInBlockspace
· 10h ago
2.28 million Purr tokens for 200k—meme coin liquidity is really poor
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TvlAt3A.m.
· 10h ago
Selling in batches is much gentler than a one-click liquidation, at least leaving some dignity for the market.
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GateUser-bf5d0c14
· 10h ago
Purr is also being sold off, it seems they have no confidence in the entire ecosystem.
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