A certain whale is suspected of selling over 665,000 HYPE after redeeming them, in exchange for 14.14 million USDC
According to Lookonchain monitoring, the whale address 0xffe6 unstaked 665,035 HYPE (worth 14.23 million USD) and deposited it into Bybit.
Subsequently, he withdrew the 665,035 HYPE from Bybit to another wallet (0x471b) and sold it at an average price of 21.27 USD, exchanging it for 14.14 million USDC.
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