A major whale sold 123,100 HYPE tokens, holding them for over 1.5 months and making a profit of $2.5 million.

CoinFeed reported on May 27 that, according to Onchain Lens monitoring, the whale "0x96e" sold 123,127 HYPE tokens at $61 per kilobyte, receiving 7.5 million USDC in return. After holding the position for over 1.5 months, it made a profit of $2.5 million. The whale's cost for purchasing these HYPE tokens was $5 million.