I was constantly warning since yesterday.
🚀🚀The Whale Started Dumping Altcoins It Acquired 5 Months Ago: Selling for Massive Profit! 🚀🚀
A major cryptocurrency whale has begun selling a portion of the hefty amount of HYPE tokens it acquired approximately 5 months ago over the last three days, already realizing a profit of around 28.4 million dollars.
According to data from Lookonchain, which closely monitors the crypto market, the whale at address 0x82d8 purchased a total of 1.45 million HYPE tokens for approximately 26.58 million dollars between December 2024 and January 2025. The average purchase price was recorded at 18.39 dollars. In the last three days, it sold 395 thousand HYPE tokens at 36.69 dollars each, generating 14.51 million dollars in revenue.
Currently, the whale's portfolio contains about 1.05 million HYPE tokens, valued at approximately 40.5 million dollars. In total, the whale's profit from sales has reached 28.4 million dollars.
Sales conducted by such a large whale usually attract attention in the market and may lead other investors to take similar steps. However, the fact that the whale still holds a significant amount of HYPE tokens raises questions about whether new sales will occur in the upcoming period. It would be beneficial for crypto investors to closely monitor these developments.
Dear friends, do not hold back your free support. I am trying to bring such news to you instantly. My only request is that if there are those who still do not follow me, I would be happy if they did. Please do not forget to like my articles and posts. Thank you.