About an hour ago, [At the end of July, a 2.886 million HYPE whale/institution redeemed from staking] transferred 923,700 HYPE (US$53.03 million) to Coinbase Prime and FalconX.
◎ They staked 2.886 million HYPE at the beginning of last year, at an average price of only about $19.79.
◎ At the end of July, these HYPE were redeemed from staking and began moving to Coinbase Prime and FalconX. So far, 1.956 million HYPE (US$110 million) have been sent out.
◎ Their combined profit is US$109 million. Currently, the address still holds 969,000 HYPE (US$55.73 million).
Address: 0x90B38C5728f184C87EF46479cf7B402d7B98B98a