A Hyperliquid whale has realized a 2,200% profit on HYPE tokens, sending approximately $10.7 million worth of tokens to a Kraken deposit address. The wallet initially purchased 257,928 HYPE at $3.5 per token, totaling around $903,000. Six hours ago, 100,276 HYPE ($8.17 million) were transferred, following an earlier transfer of 30,228 HYPE ($2.55 million) a day prior. At the current price of about $82, the original position is valued at roughly $21 million, with the wallet still holding approximately 127,000 HYPE worth $10.4 million. The market has absorbed this selling, with HYPE trading near $82, down about 16% from its recent high of $98, showing short-term technical weakness but a continued upward long-term trend.