Wu Shuo learned that, according to monitoring by Onchain Lens, a whale involved in the HYPE Genesis distribution appears to have started taking profits, with estimated gains on HYPE exceeding $94 million. This address previously received 819,335 HYPE and bought 676,798 HYPE for $2.9 million, with an average cost of about $4.29. Eight hours ago, the address withdrew 500,000 HYPE (about $33 million) from Hyperliquid and deposited 211,000 HYPE (about $13.2 million) into Coinbase. It currently still holds 1,284,955 HYPE, worth approximately $82.62 million.
GateUser-c3b832ee
