Whale Nets $148M from HYPE Token Sale
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BTCCSquare news:
A crypto whale has realized staggering profits from the sale of HYPE tokens, capitalizing on a nine-month investment. The entity originally purchased 5.07 million tokens at $16.23 each, then offloaded 4.99 million at an average price of $45.82—netting $228.76 million in total sales.
The transaction yielded approximately $148.63 million in profit, marking one of the most lucrative single-token trades this year. Post-sale, the whale retains just 77,089 HYPE tokens worth $3.37 million, signaling a strategic exit from the position.
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