This whale didn’t waste any time. Wallet 0xffe664491482ae9db6ba9e55c2ed1ea55c700a52 unstaked a massive 665,035 $HYPE , roughly $14.2M, and pushed it straight into Bybit. Then comes the interesting part ... the funds didn’t sit there long.
The #hype was pulled out again, this time landing in 0x471b34fef7836c117da65d25c4237e38f7158089, and not long after, it was sold off. About $14.14M in USDC, averaging $21.27 per token.

We think it's panic and more like a planned exit.

HYPE
HYPEUSDT
22.06
-5.06%