COINOTAG reported via mlm Monitor that a HYPE whale imposed a net selling pressure of 767,000 HYPE (≈$32 million) over the past five hours while simultaneously purchasing 55.59 BTC (≈$6.22 million).
Across the preceding week the same address liquidated 2.441 million HYPE tokens (≈$102.5 million) and currently retains 2.629 million HYPE (≈$110.4 million), indicating roughly 48.15% of its holdings have been disposed of to date.
All valuations use current spot prices; realized proceeds in USDC may be higher because the average execution price exceeded present levels, and these on-chain movements materially affect crypto market liquidity metrics.