Whales Sell $108 Million Worth of This Altcoin from Two Major Wallets

The activity of two large wallets holding Hyperliquid's HYPE token has become a topic of discussion for investors today. Lookonchain reported that the addresses it tracked sold approximately $108.81 million worth of HYPE in total. According to the platform's statement, a wallet starting with "0x2685" liquidated 912,383 HYPE tokens for approximately $82.09 million. It is estimated that these tokens were purchased about a month ago, resulting in a profit of over $10 million. The second major transaction came from the address “0x648F”. This wallet reportedly sold 296,705 HYPE for approximately $26.72 million.