ChainCatcher report, according to OnchainLens monitoring, a Hyperliquid genesis allocation whale has begun taking profits, with cumulative profits on HYPE estimated to have exceeded $94 million. • Originally received 819,335 HYPE from the Hyperliquid genesis allocation; • Subsequently purchased an additional 676,798 HYPE at an average price of $4.29, totaling $2.9 million; • Withdrew 500,000 HYPE (approximately $33 million) from Hyperliquid 8 hours ago; • Deposited 211,001 HYPE (approximately $13.82 million) into Coinbase; • Currently holds 1,284,955 HYPE, valued at approximately $82.62 million.
Hyperliquid Whale Begins Profit Taking, Realizes Over $94M in HYPE Gains
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Summary
Whale activity on Hyperliquid has intensified as a major HYPE holder begins taking profits, with realized gains exceeding $94 million. The whale originally received 819,335 HYPE through a genesis allocation and later added 676,798 HYPE for $2.9 million. Whale activity became apparent eight hours ago when 500,000 HYPE (~$33 million) was withdrawn and 211,001 HYPE (~$13.82 million) was deposited into Coinbase. The whale still holds 1,284,955 HYPE, valued at approximately $82.62 million.
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