A certain whale/institution clears out HYPE, making a profit of $132 million

BlockBeats News, September 3rd, according to CypherTrace, a whale/institution that unstaked 2.886 million HYPE at the end of July completed its liquidation, transferring the remaining 969,000 HYPE (about $79.18 million) to Coinbase Prime and FalconX 20 minutes ago.

Since the beginning of last year, it had accumulated and staked 2.886 million HYPE at an average price of about $19.8. In the last month, it liquidated at an average price of about $64.9, realizing a profit of $132 million.