PANews reported on January 23 that, according to Lookonchain monitoring, the whale address 0xffe6 unstaking 665,035 HYPE tokens (worth $14.23 million) and deposited them into Bybit.
He then withdrew the 665,035 HYPEs from Bybit to another wallet (0x471b) and sold them at an average price of $21.27, receiving 14.14 million USDC in return.
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