A certain whale has accumulated $93 million worth of HYPE in transactions, resulting in a loss of $406,000.

BlockBeats News, August 17th, according to OnchainLens monitoring, a certain HYPE trader suffered a $406,000 loss in a $93 million spot trading volume. The Hyperliquid trader had unstaked 20,000 HYPE tokens worth around $1.15 million and transferred them to Kraken for a likely sell-off three hours ago. The same wallet unstaked and deposited 24,950 HYPE tokens into Kraken last week.

Since December 2025, the trader has accumulated buying 1.37 million HYPE tokens, worth $47.79 million, sold 1.25 million HYPE tokens, worth $45.47 million, with a total spot trading volume of $93.25 million and a $406,000 loss.