A HYPE whale cashed out approximately $5.84 million in 13 days, making a profit of over one million dollars.

CoinFeed reported on May 28th that, according to Onchain Lens, the on-chain whale address "0x688" sold 102,001 HYPE tokens at approximately $57.30, cashing out about 5.84 million USDC, profiting over $1 million in 13 days. The address now has only 54 HYPE tokens remaining.