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Whale/Institution May Have Sold Over 910,000 HYPE, with Estimated Profit of $8.03M

Oct 31, 08:04

October 31: According to on-chain analyst Yu Jin, 912,383 HYPE (about $82.09 million) was consolidated and transferred into institutional trading platform FalconX by a whale/institution 2 hours ago. This HYPE was accumulated via Coinbase Prime and FalconX 1–2 months ago at an average price of about $81. It was transferred out today at a price of $90, with an estimated profit of $8.03 million.