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Whale Locks in $5.3M Profit Selling HYPE Tokens for $24.4M

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A significant whale has sold its entire position in HYPE, netting a substantial profit of over $5.3 million.

The whale, identified as 0x3527, accumulated approximately 301,937 HYPE tokens between May and July at an average price of $63 per token.

This week, the whale sold its entire position for $24.4 million on August 26, 2026.

The recent sale has sparked discussions about the current market volatility and potential near-term flows in the crypto space.

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