According to Lookonchain, 19 wallets deposited and staked 2.93 million HYPE tokens, worth $172 million, on Hyperliquid. The whale accumulated 2.93 million HYPE at an average price of $44 nine months ago and is now realizing a profit of approximately $44.5 million.
Whale stakes 2.93M HYPE on Hyperliquid, earns $44.5M profit
AiCoinShare
Summary
On-chain data shows a whale staked 2.93 million HYPE tokens on Hyperliquid, valued at $172 million, according to Lookonchain monitoring. The whale purchased the tokens nine months ago at $44 each, now realizing a $44.5 million profit. On-chain analysis reveals this trade underscores strong returns from early HYPE accumulation.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.