On-chain tracker Onchain Lens said a wallet that had accumulated 178,700 HYPE through FalconX over the past two months has posted an estimated profit of about $1.24 million. The address spent roughly $11.5 million on those purchases, according to the monitoring update. Minutes ago, the same wallet transferred 47,000 HYPE to FalconX, a deposit valued at about $3.35 million. The move may indicate a potential sale, based on the tracker’s reading of the transfer. The activity was first noted by Odaily in a brief market update focused on whale movements.
According to Onchain Lens, a wallet accumulated 178,700 HYPE via FalconX over the past two months, spending about $11.5 million in total. The position is now showing an estimated profit of roughly $1.24 million.
Minutes ago, the same address deposited 47,000 HYPE to FalconX, valued at about $3.35 million. The transfer may signal a potential sale.
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