According to ME News, on July 31 (UTC+8), chain analyst Yujin monitored that another address of a large whale transferred 1.893 million HYPE tokens, redeemed earlier today, to the HyperEVM chain, valued at $106 million. This address has not yet deposited the tokens into an exchange, unlike the previous address. The whale originally accumulated approximately 2.886 million HYPE at around $19.79 each earlier last year and is now realizing profits exceeding $104 million. (Source: ODAILY)
Whale transfers 1.893M HYPE tokens, worth $106M, to the HyperEVM chain.
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Summary
On-chain data shows a whale transferred 1.893 million HYPE tokens, valued at $106 million, to the HyperEVM chain on July 31 (UTC+8). The tokens were redeemed earlier and remain off exchanges. The whale originally purchased 2.886 million HYPE at $19.79 each, realizing a profit exceeding $104 million. No indications of an exchange hack were detected in the transaction history.
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