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A whale who bought HYPE at a high price is now sitting on a paper profit of $2.97 million.
Svmuureports that, according to on-chain analyst Ember's monitoring, a whale who transferred 19 million USDC to Hyperliquid to buy HYPE a few days before the token broke through its previous high, has now converted 16.26 million USDC into 304,000 HYPE, with a cost basis of $53.7. As HYPE has since risen to $63.5 after breaking its high, this FOMO buying move has resulted in an unrealized profit of $2.97 million.
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Source：Odaily · Source Link
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