On September 12, COINOTAG cited Onchain Lens data showing a whale address withdrew 1.23 billion PUMP from HyperLiquid—approximately $7.27 million—and moved the tokens to Binance for sale.
On-chain analysis shows the same wallet carries a SOL 7x long and a WLFI 2x short, alongside 804,096 HYPE tokens currently staked (roughly $45.73 million), indicating concentrated leverage and staking exposure.
Aggregate on-chain accounting reports the address has realized an overall profit of $35.6 million, with transfers to centralized venues executed to facilitate the reported disposition of assets.