Old games are starting again. On August 17, according to on-chain monitoring, a whale reportedly unstaked 20,000 HYPE about 3 hours ago—$HYPE (about $11.5 million)—and transferred it to the Kraken exchange, most likely preparing to sell off. From the data, it also appears that last week the same wallet unstaked and transferred an additional 24,950 HYPE to Kraken. Since December 2025: bought 1.37 million HYPE with a total cost of $47.79 million; sold 1.25 million HYPE with total proceeds of $45.47 million. Total spot trading volume: $93.25 million. Profit/Loss: loss of $4.06 million.