Whale Liquidation: $11.1M in HYPE Sold as $44.6M HYPE Longs Remain

As COINOTAG News reported on December 18, citing MLM Monitor, a high‑profile crypto whale recently executed a partial liquidation after maintaining a sizeable long exposure. The liquidated assets included 431,000 HYPE tokens (about $11.1 million) and 1,960 ETH (about $5.6 million). The wallet retains substantial risk on hand, holding 1.726 million HYPE (~$44.6 million) and 7,841 ETH (~$22.3 million).

Evidence of diversified exposure appears across another account linked to the same entity, which carries long positions in XRP and ETH with a notional value near $230 million, underscoring active hedging and multi‑asset risk management.

Market participants should monitor HYPE liquidity and ETH price dynamics as data from MLM Monitor highlight evolving sentiment among large holders.