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Whale cashes out $2.8 million, is the HYPE bull market over?
The market might be staging an even bigger script.
Seeing Garret Jin sell 180k HYPE tokens, many people's first reaction is:
It's over, the whales have run.
But seasoned investors know that profit-taking by whales isn't necessarily a bad thing.
If it has increased several times and they don't sell, that's not investing, that's faith recharging.
Cashing out $2.83 million seems more like normal position management.
What truly deserves attention is that there hasn't been a panic sell-off in the market.
This indicates that capital support remains healthy.
In a bull market, the biggest fear is no one selling.
Because if no one sells, no one will buy.
Only with both selling and buying can there be continuous growth.
Perhaps, the whales are just cashing out part of their profits early, rather than completely exiting.
Big market moves are never smooth sailing.
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