A whale holding for a year and a half transferred 57.6 million dollars worth of HYPE to Coinbase Prime and FalconX, making a profit of 37.45 million dollars

According to Yu Jin monitoring, a whale transferred 1,032,000 HYPE (worth $57.6 million) that it had held for a year and a half into Coinbase Prime and FalconX. It made a profit of $37.45 million (+186%) on HYPE.

At the beginning of 2025, it withdrew 1,018,000 HYPE from Gate at an average price of about $19.79, which was worth $20.15 million at that time. The subsequent HYPE was staked. All of these HYPE were redeemed early this morning and then transferred to Coinbase Prime and FalconX, with the current price at $55.8.