PANews reported on September 12 that according to Lookonchain monitoring, as the price of HYPE rose, whales began to take profits.

0x746b (qianbaidu.eth) sold 188,861 HYPE (worth $10.58 million) at an average price of $56.01 in the past 4 hours.

0x7be1 sold 175,000 HYPE (worth $9.75 million) at an average price of $55.72 in the past four days.

0x0e41 sold 113,310 HYPE (worth $6.32 million) at an average price of $55.74 in the past three days.

0xe867 sold 50,000 HYPE (worth $2.77 million) at an average price of $55.53 in the past 20 hours.