A whale is suspected of unwinding over 665,000 HYPE tokens and then selling them for 14.14 million USDC.

PA一线
PA一线

PANews reported on January 23 that, according to Lookonchain monitoring, the whale address 0xffe6 unstaking 665,035 HYPE tokens (worth $14.23 million) and deposited them into Bybit.

He then withdrew the 665,035 HYPEs from Bybit to another wallet (0x471b) and sold them at an average price of $21.27, receiving 14.14 million USDC in return.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PA一线

PA一线

Drift theft may have forced funds to flow through Jupiter, prompting a major on-chain whale to stop-loss its $1.22 million short position in JUP.
PA一线

PA一线

XPL surges then crashes 40%: Five insider tips reveal a trader who profited $1.6 million and exited the market.
PA一线

PA一线

The whale "pension-usdt.eth" currently holds over $100 million in short positions in BTC and ETH.
PA一线

PA一线

A whale sold 1,323 ETH for 2.7 million USDC, incurring a loss of $1.28 million within two months.
PA一线

PA一线

Erik Voorhees, linked to a whale, spent another 818,700 USDT to buy 396.7 ETH.
PA一线

PA一线

A whale withdrew 365 BTC from Kraken, equivalent to approximately $24.2 million.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
SlowMist Security Assessment: No Risk of Private Key or Mnemonic Phrase Transmission Found in OKX Wallet
PANews Newsflash