HYPE: Whale Exits Final 969K Tokens for $79M
HYPE whale sells remaining 969,595 tokens worth $79.18M after realizing nearly $140M profit from $17.35 average entry a year ago.
SourceAnalysis
Lookonchain tracked a whale that just dumped the last 969,595 HYPE for $79.18M, closing a position that once peaked at 2.93M tokens valued at $163.37M. The address pulled 2.89M HYPE from Gate.io twelve months earlier at an average $17.35, staked the holdings, and liquidated everything over the past month for roughly $140M in gains.
At $81.74 the token holds a narrow edge above the EMA50 at $81.14 while the EMA200 at $70.84 continues to anchor the broader bullish structure. Neutral RSI at 47.15 paired with a MACD death cross at -0.13 leaves price inside the Bollinger Bands, wedged between $79.95 support and $85.06 resistance, pointing to short-term consolidation before the next directional test.
Lookonchain
@lookonchainLooking for smartmoney onchain