A whale sold its entire 301,937 HYPE position on Aug. 26, according to on-chain tracker Lookonchain. The sale was valued at $24.4 million, and the wallet realized more than $5.3 million in profit. Lookonchain said the address had accumulated HYPE between May and July at an average entry price of $63. The transaction marks a full exit from the position rather than a partial reduction, based on the monitoring data cited by BlockBeats. No additional wallet details were disclosed in the flash update.
BlockBeats reported on Aug. 26 that, according to monitoring by Lookonchain, a whale sold its entire holding of 301,937 HYPE on the day.
The position was valued at $24.4 million, with profit exceeding $5.3 million. Lookonchain said the whale had bought HYPE between May and July at an average price of $63.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
