$HYPE — A $1.87M WHALE MOVE JUST PUT HYPERLIQUID IN THE SPOTLIGHT
A wallet linked to Andrew Tate has deposited 20,950 $HYPE, worth approximately $1.87 million, into Binance.
According to Lookonchain, the wallet originally acquired 122,827 $HYPE at around $4.48 per token roughly two years ago, with the position generating an estimated $7.24 million in total profit and a reported 1,317% return.
But here is the important part:
The Binance deposit does NOT confirm a sale.
Moving tokens to an exchange can precede a sale, but it can also be for custody, trading, collateral, or other purposes.
The wallet reportedly still holds 63,550 $HYPE, valued around $5.62 million.
That leaves the market watching one thing closely:
Will the deposited HYPE actually hit the market, or is this simply another whale wallet move?
With millions of dollars still tied to the position, this is a transaction worth watching closely.
Source: Lookonchain
$HYPE remains firmly on the whale-watch radar.
`
A wallet linked to Andrew Tate has deposited 20,950 $HYPE, worth approximately $1.87 million, into Binance.
According to Lookonchain, the wallet originally acquired 122,827 $HYPE at around $4.48 per token roughly two years ago, with the position generating an estimated $7.24 million in total profit and a reported 1,317% return.
But here is the important part:
The Binance deposit does NOT confirm a sale.
Moving tokens to an exchange can precede a sale, but it can also be for custody, trading, collateral, or other purposes.
The wallet reportedly still holds 63,550 $HYPE, valued around $5.62 million.
That leaves the market watching one thing closely:
Will the deposited HYPE actually hit the market, or is this simply another whale wallet move?
With millions of dollars still tied to the position, this is a transaction worth watching closely.
Source: Lookonchain
$HYPE remains firmly on the whale-watch radar.
`
