BlockBeats News, September 22nd, according to LookIntoChain monitoring, a whale (possibly @Techno_Revenant) withdrew the entire 2.39 million HYPE tokens ($1.22 billion) overnight and may be preparing to sell at any time to take profit.
On-chain data shows that these HYPE tokens were purchased by the main wallet 0x316f…e678 9 months ago and are tagged as TechnoRevenant.
It is estimated that the base cost of this address was around $12, and the current unrealized gains exceed $90 million.
