$SOL Yesterday, August 6, 2025, a whale deposited 70,558 $SOL, valued at $12.39 million, into Hyperliquid and swapped it for 130,737 $HYPE tokens at $40.80 each ($5.335 million) and 1,711.77 $ETH at $3,888 per coin ($6.655 million)

This move signals a bearish stance on Solana, possibly due to its recent 2.7% dip to $183.40, while betting big on Hyperliquid’s DeFi ecosystem and Ethereum’s upcoming Fusaka upgrade. $HYPE, trading at $40.10 with a $13.16 billion market cap, has seen whale buying sprees, though a 20% drop in December 2024 shows volatility risks.

What’s your take—is this whale’s pivot to $HYPE and $ETH a smart hedge, or a risky bet against $SOL’s momentum?