Hyperliquid's 'Top Whale' Pledges Not to Sell VAR and Plans to Increase Position at TGE

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Release Time: 2026/10/09 04:14:01

HYPE

$85.76-1.6%

Summary

A top whale on Variational, an0n2498.hl, said on X that they have not sold any HYPE tokens and will not sell VAR, citing a strong risk-to-reward ratio. They plan to buy more VAR spot at TGE and open long-term futures positions. The whale received a $15 million HYPE airdrop from Hyperliquid. Key levels for VAR are likely to form around current support and resistance levels.

Odaily Planet Daily report: An0n2498.hl, the second-largest whale by total trading volume on Variational, posted on X: “I’ve sold almost no HYPE, and I have no intention of selling any in the future. I will never sell any VAR; instead, I plan to buy spot VAR in large quantities at the TGE and establish long-term long positions in VAR. My bullishness toward VAR is beyond words.”

Notably, an0n2498.hl previously received a $15 million HYPE airdrop from Hyperliquid.

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