$49.5M on HYPE Just Arrived at Kraken.
A whale has just moved a significant amount of HYPE to Kraken.
About 9 hours ago, it was deposited through three addresses 541,009 $HYPE PE , with an approximate value of $49.55M.
Interesting part: reports say this batch originally came from Coinbase Prime at an average price of roughly $73.90, so with the reported transfer price of $91.50, the position was accumulating gains of around $9.52M.
Of course, the deposit doesn’t automatically mean a sale…but $50M of HYPE moving to an exchange is definitely big.
A whale has just moved a significant amount of HYPE to Kraken.
About 9 hours ago, it was deposited through three addresses 541,009 $HYPE PE , with an approximate value of $49.55M.
Interesting part: reports say this batch originally came from Coinbase Prime at an average price of roughly $73.90, so with the reported transfer price of $91.50, the position was accumulating gains of around $9.52M.
Of course, the deposit doesn’t automatically mean a sale…but $50M of HYPE moving to an exchange is definitely big.
