Whale Rotate Out of HYPE and Into ETH.
About 11 hours ago, the wallet sent 440,000 $HYPE worth ~$36M into FalconX. Not long after, it pulled out 12,250 ETH worth ~$30.12M from the same platform.
That kinda looks like a rotation from HYPE into $ETH , but there’s still a bit of a question mark around the exact flow. Could be a portfolio rebalance, could be something else... either way, $30M+ moving into ETH is worth watching.
Add: 0x72e0E844Aa7FE204831815e1270954BECf49256a
HYPEUSDT
Perp
87.73
+10.62%
ETHUSDT
Perp
2,483.8
+1.73%