A massive HYPE investor has made headlines after staking 2.93 million of the asset, worth approximately $172 million.
The whale accumulated this amount nine months ago at an average price of $44 per token.
According to Lookonchain data, in the past 24 hours, 19 wallets associated with the same investor deposited and staked their HYPE on Hyperliquid.
This move is currently netting the whale around $44.5 million in profits.
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