Whale 0x152 Buys $15.53M HYPE to Defend Position After BTC Dip and $16M XPL Profit-Taking
COINOTAG News, citing HyperInsight, reports that a crypto whale address (0x152) has again deployed remaining capital into a HYPE spot stake to defend exposure, now estimated at about $15.53 million. The same entity previously rotated into BTC on November 17, loading a roughly $31 million position, before a sequence of three BTC long liquidations on November 21 trimmed the contract balance to roughly $800,000. The moves indicate a defensive posture amid volatility and a rebalancing of risk, while preserving core HYPE exposure.
Earlier, the same whale opened a leveraged long on XPL on September 24 ahead of a notable rally, with an average entry around $0.69 on a $20 million notional. By September 26, the position was closed for profit at the $1.30 level, delivering approximately $16 million in gains, and the bulk of the proceeds were redirected into HYPE spot purchases, reinforcing the current defensive bid.
