X @Lookonchain

Whale Activity & Profit Taking - An early $HYPE whale, having previously profited over $50 million, initiated a 3x leveraged short position on 303,901 $HYPE, valued at $16 million [1] - The same whale sold 67,006 $HYPE for $3.82 million to realize profits [1] Investment Analysis - The whale initially acquired 1.26 million $HYPE at an average price of $7.52, costing $9.51 million, and also received 22,270 $HYPE at genesis [1] - The whale previously sold 385,513 $HYPE for $16.15 million at an average price of $41.9 [1] Current Holdings - The whale still holds 900,663 $HYPE, currently valued at $50.5 million [1]