Someone may finally be taking some profits on $HYPE

HYPE
HYPEUSDT
61.97
+6.47%

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Wallet 0x632B sold 151,574 HYPE worth roughly $9.25M today, and it doesn’t seem done yet. The wallet has also placed limit sell orders for another 170,000 #HYPE (around $10.58M) across the $64.30–$70.55 range , suggesting the plan might be to gradually scale out if price keeps pushing higher.

After #hype ’s massive run, this feels less like panic selling and more like someone trimming into strength while keeping room for further upside.

Whether it’s smart profit-taking or an early sign of bigger distribution… traders will definitely be watching.

Address: 0x632B0a6bb6B6184B97F61a6C773077cAb99d1838

HYPEUSDT

Perp

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