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Whale Nets $148M from HYPE Token Sale

Published by
Sohrab Khawas

An early whale who bought 5.07 million HYPE tokens nine months ago at $16.23 per token recently sold 4.99 million at an average price of $45.82, making about $228.76 million in sales. This move realized a profit of approximately $148.63 million. After the sale, the whale now holds only 77,089 HYPE tokens, valued around $3.37 million, showing a major reduction in their position.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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