PANews, June 13: According to Onchain Lens monitoring, a genesis whale holding 576,148 HYPE tokens deposited all 576,148 HYPE tokens (valued at $35.28 million) into Coinbase, with an expected profit exceeding $44.34 million.
HYPE Genesis Whale deposits 576,148 tokens into Coinbase, expected profit exceeds $44.34M
PANewsShare
Summary
A HYPE genesis whale has deposited 576,148 HYPE tokens into Coinbase, valued at $35.28M, with projected profits exceeding $44.34M. The move appears to signal confidence in the token’s short-term price movement. Crypto news outlets such as PANews reported the activity, highlighting increased on-chain activity. Traders are closely monitoring the situation, as large whale transactions often influence market sentiment within the cryptocurrency news cycle.
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