An whale holder of 1.5 years transferred $57.6 million worth of HYPE to Coinbase Prime and FalconX, realizing a profit of $37.45 million

BlockBeats News, July 31st, according to Cinder Monitor, 1 hour ago, a whale transferred 1.032 million HYPE tokens that they had held for a year and a half (worth $57.6 million) to Coinbase Prime and FalconX. They made a profit of $37.45 million on their HYPE investment (+186%).

Earlier in 2025, he withdrew 1.018 million HYPE tokens from Gate, with an average price of about $19.79, worth $20.15 million at the time. These HYPE tokens were later staked. The staked tokens were all redeemed early this morning and then transferred to Coinbase Prime and FalconX at the current price of $55.8.