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A giant whale released 2 million HYPE, holding 9 months floating profit 89.80 million US dollars

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2025-09-16 08:46:29
According to Lookonchain monitoring, a giant whale bought and pledged 2 million HYPE at an average price of $8.68 9 months ago (it cost $17.40 million at the time and is now worth $107.20 million). Now it has released the pledge and is likely ready to cash out for profit. 9 months ago, the giant whale deposited 17.40 million USDC into Hyperliquid through 3 wallets, bought 2 million HYPE, and then dispersed it into 9 wallets for pledge. It submitted the release application 7 days ago and received the tokens 21 hours ago. After 9 months of holding, its current floating profit is as high as 89.80 million US dollars.
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