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Whale Suddenly Withdraws $122 Million in HYPE Coin – What’s Going On?
Yahoo Finance· 2025-09-22 16:51
A major whale withdrew $122 million worth of HYPE tokens from Hyperliquid’s ecosystem within hours, sparking sell-off fears as the mysterious investor sits on over $90 million in unrealized gains from a nine-month holding period. On-chain data from LookOnChain reveals the whale, likely identified as Techno_Revenant, purchased 2.39 million HYPE tokens at approximately $12 each and could liquidate the position at current prices around $51 per token. The withdrawal coincided with high-profile exits from Art ...