BlockBeats News, September 16th, according to LookIntoChain monitoring, a whale bought and staked 2 million HYPE tokens 9 months ago at an average price of $8.68 (spending $17.4 million at the time, now worth $107.2 million), and has now unstaked, likely preparing to cash out and take profits.
9 months ago, the whale deposited $17.4 million USDC into Hyperliquid through 3 wallets, bought 2 million HYPE tokens, and then transferred them to 9 wallets for staking.
They submitted an unstaking request 7 days ago and received the tokens 21 hours ago. Holding for 9 months, they are currently enjoying an unrealized gain of $89.8 million.