A whale that accumulated
$HYPE near the lows appears to be taking some profits. 💰
Wallet 0x008...E295f accumulated around 280,000
$HYPE between June 11 and August 13, building a position worth approximately $18.06M at an average entry price of around $64.5.
Around 4 hours ago, the whale made its first major deposit to Coinbase, moving 88,216
#hype worth approximately $7.23M.
If the entire amount is sold, the whale could be sitting on an estimated 27% return, with potential profits of around $1.54M.
Looks like some profit-taking after catching
$HYPE at a much lower price.
Address: 0x008d9A5fc10072F1C1fF422428F6f8552daE295f