🚨 $HYPE WHALE ALERT: SECURING $94M+ IN PROFITS!
A $HYPE Genesis whale has officially started taking profits, locking in a massive estimated profit of over $94M. Here is the exact on-chain trail of their moves:
🔍 The Accumulation & Distribution Trail:
• 🎁 The Genesis Bag: Received 819,335 $HYPE from the initial HyperLiquid Genesis distribution.
• 🛒 Buying the Bottom: Later scooped up another 676,798 HYPE for $2.9M (at an incredible average price of just $4.29).
• 💸 The Withdrawal: Pulled 500,000 HYPE ($33M) out of the Hyperliquid network roughly 8 hours ago.
• 🏦 The Exchange Deposit: Deposited 211,001 HYPE($13.82M) directly into Coinbase (a clear signal of active selling).
• 💰 The Remaining Stash: Still holding a massive bag of 1,284,955 $HYPE, currently valued at $82.62M.
💡 The Takeaway:
Smart money is actively taking chips off the table. While they haven't dumped their entire bag, the sheer size of their remaining holdings means traders should be on high alert for potential short-term selling pressure.
#hype #Hyperliquid #Onchain #WhaleAlert #CryptoTrading #BinanceSquare