Whale Nets $148M Profit from HYPE Token Sale
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BTCCSquare news:
A crypto whale has realized a staggering $148 million profit from the sale of HYPE tokens, marking one of the most lucrative trades in recent memory. The investor initially purchased 5.07 million tokens at $16.23 each nine months ago, then sold 4.99 million at an average price of $45.82—netting $228.76 million in total proceeds.
The remaining position now stands at just 77,089 tokens, valued at approximately $3.37 million. Such a dramatic reduction suggests either profit-taking or loss of conviction in the asset's upside potential.
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