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taishiro
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Combined, that's roughly $26.5M in realized profits.
This isn't an isolated transaction either. Another whale sold 694,310 HYPE worth approximately $53.27M over five days earlier this week.
Naturally, this adds selling pressure, especially after HYPE's strong run. Price has pulled back into the $86 to $90 region, but the selling hasn't triggered a major collapse so far.
There's another side to the picture.