The whale who bought 2 million HYPE at an average price of $8.68 9 months ago has made a profit of $89.8 million and may be taking profits.

According to Lookonchain monitoring, a whale purchased 2 million HYPE tokens nine months ago at an average price of $8.68, totaling $17.4 million. These tokens were staked across nine wallets. Currently, the value of these tokens has increased to $107.2 million, representing a net profit of $89.8 million. Seven days ago, the whale requested to unlock the staked tokens and received them 21 hours ago, leading to speculation that they may soon sell them for a profit.