The whales are starting to sell, we need to keep a close eye on this signal.

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BlockBeatNews
Some early investors in HYPE are starting to take profits, with total gains exceeding $94 million.
According to OnchainLens monitoring, the hyper whale from Hyperliquid's genesis distribution has started taking profits, with total profits of approximately $94 million. Its HYPE activities include: receiving 819,335 tokens, buying 676,798 tokens at $4.29, withdrawing 500k tokens 8 hours ago, depositing 211,001 tokens into Coinbase, and currently holding 1,284,955 tokens, with a market value of about $82.62 million.
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