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A whale unstaked 2 million HYPE tokens, making a profit of $89.8 million
2hours ago

According to Odaily Planet Daily, Lookonchain monitoring indicates that a whale who purchased and staked 2 million HYPE tokens at an average price of $8.68 nine months ago (costing $17.4 million) has now released their stake, now worth $107.2 million. Nine months ago, the whale deposited 17.4 million USDC into Hyperliquid through three wallets, purchased 2 million HYPE, and subsequently transferred the stake to nine wallets for staking. The whale requested to release the stake seven days ago and received the tokens 21 hours ago, with a current unrealized profit of $89.8 million.