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HYPE Whale Locks in $23.9M Profit Staking Entire $41M Position

Guavy AI Editorial Team
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HYPE
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A whale investor has taken a significant bet on Hyperliquid (HYPE) by staking their entire $41 million position in the cryptocurrency.

The HYPE whale, identified as 0x9ff9dBfADad1def3075d340BfC151c9392526880, accumulated the tokens from FalconX five months ago for approximately $17.18 million.

This move locks in an unrealized profit of $23.91 million at current levels near $84.46, representing a 139% return on investment.

The price action on HYPE's 4-hour chart shows a bullish structure, with the price holding above the EMA50 at $80.12 and the EMA200 at $69.27.

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