Onchain Lens said a whale that accumulated 488,600 HYPE over the past five months has now staked the full position on Hyperliquid. The address bought the tokens through FalconX for about $17.18 million in total, according to the monitoring update. At current valuation, the holdings are worth about $41.09 million, leaving the position with an unrealized profit of roughly $23.91 million. That puts the return at 139%. The move centers on a single address’s HYPE position and its latest on-chain action, with the entire balance now committed to staking on Hyperliquid.
According to Onchain Lens, a whale that accumulated 488,600 HYPE through FalconX over the past five months has staked the entire position on Hyperliquid.
The address spent about $17.18 million in total to build the HYPE position. Based on its current value of about $41.09 million, the holdings are sitting on roughly $23.91 million in unrealized profit, equal to a 139% return.
On-chain monitoring shows the whale has now staked all of its HYPE on Hyperliquid.
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