🚨 Hyperliquid whales sell $108 million!

📊 Lookonchain data:

• Two wallets sold 1.21 million HYPE

• Value: ~$108.8 million

• Profits: ~$26.5 million

━━━━━━━━━━━━━━━

🔍 Why did they sell?

✅ Taking profits after a strong rally (from 78 to 97)

✅ HYPE failed to break its all-time high (97.98)

✅ First wallet: bought a month ago (made $10M)

✅ Second wallet: bought 11 months ago (made $16.5M)

━━━━━━━━━━━━━━━

📊 What does this mean?

⚠️ Short-term selling pressure

⚠️ We could see a correction to 80–85

✅ But that doesn’t necessarily mean a trend reversal

✅ The HYPE burn mechanism is still active (long-term support)

💡 Capital management comes first

#hype #YiHe:ProofOfReserves:10TokensAt100%Backing #BinanceRecovery90% of stolen assets #CZDismissesClaimsBinanceHackWasPredicted #FBIConfirmsNorthKoreaIsResponsibleForBinanceCryptoHack