According to Lookonchain monitoring, on January 23, the whale address 0xffe6 unstaking 665,035 HYPE tokens (worth $14.23 million) and deposited them into Bybit. Subsequently, he withdrew these 665,035 HYPE tokens from Bybit to another wallet (0x471b) and sold them at an average price of $21.27, receiving 14.14 million USDC in return.
A whale is suspected of unwinding over 665,000 HYPE tokens and then selling them for 14.14 million USDC.
2026-01-23 16:01:02
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