Quake in the $HYPE Market: A Massive Whale Dumps Millions!
Tracking systems detected unusual activity from a whale, owner of wallet 0xffe6, who released a staggering 665,035 units of $HYPE, with a market value of around $14.23 million.
Subsequently, the whale transferred this amount to the Bybit exchange for quick liquidation.
The surprise came when the entire amount was withdrawn to another wallet with the address 0x471b, where it was sold for $14.14 million in $USDC stablecoin, at an average price of $21.27 per unit.
This move attracted the attention of observers due to the significant fluctuations in market liquidity.
