ChainCatcher reported, citing monitoring by ai_9684xtpa, that a so-called smart money wallet has cumulatively deposited 131,421 HYPE to Kraken since Sept. 28. The monitored deposit price was $89.56. Based on the same data, the position would generate a profit of $11.26 million if sold, while the holder’s cost basis was as low as $3.87. The update points to a sizable transfer of HYPE to an exchange, with Kraken named as the receiving platform. No other details about the wallet identity or whether the tokens have been sold were disclosed in the source item.
According to ChainCatcher, citing monitoring by ai_9684xtpa, a smart money wallet has cumulatively deposited 131,421 HYPE to Kraken since Sept. 28, with a monitored deposit price of $89.56.
Based on the same data, the position would yield a profit of $11.26 million if sold, and the wallet’s cost basis was as low as $3.87.
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