🐳🚨 WHALE ALERT: $HYPE DUMPED $108 MILLION
@lookonchain raised the alarm on Crypto Twitter, and the market felt it.
*WHAT HAPPENED:*
Two of the largest wallets dumped $HYPE all at once:
🔹 Wallet 0x2685: bought just 1 month ago and has already pocketed +$10M in profit
🔹 Wallet 0x648F: held for almost 1 year, then sold for $26.72M with a net profit of $16.5M
Total: $108M in sales.
*WHY DOES THIS MATTER?*
Whale-scale selling can shift sentiment across the board. With the crypto market already showing mixed signals, moves like this bring:
📉 Short-term selling pressure
💧 Low liquidity + a dump = volatility and uncertainty
😰 More cautious traders
A concerning metric: no trading volume has been reported for $HYPE at the moment, further increasing the risk.
Are you still holding $HYPE? Time to take profits or buy the dip?
Share your thoughts in the comments 👇
#HYPE #Whales #Whales #OnChain #Lookonchain #CryptoAlert #Altcoins #BinanceSquare #CRIPTO
@lookonchain raised the alarm on Crypto Twitter, and the market felt it.
*WHAT HAPPENED:*
Two of the largest wallets dumped $HYPE all at once:
🔹 Wallet 0x2685: bought just 1 month ago and has already pocketed +$10M in profit
🔹 Wallet 0x648F: held for almost 1 year, then sold for $26.72M with a net profit of $16.5M
Total: $108M in sales.
*WHY DOES THIS MATTER?*
Whale-scale selling can shift sentiment across the board. With the crypto market already showing mixed signals, moves like this bring:
📉 Short-term selling pressure
💧 Low liquidity + a dump = volatility and uncertainty
😰 More cautious traders
A concerning metric: no trading volume has been reported for $HYPE at the moment, further increasing the risk.
Are you still holding $HYPE? Time to take profits or buy the dip?
Share your thoughts in the comments 👇
#HYPE #Whales #Whales #OnChain #Lookonchain #CryptoAlert #Altcoins #BinanceSquare #CRIPTO
