coin-img-ETHETH-1.92%coin-img-SOLSOL-2.01%coin-img-USDCUSDC+0.01%coin-img-BTCBTC-0.37%coin-img-XRPXRP-1.83%coin-img-FLYAIFLYAI-76.31%coin-img-HYPEHYPE-0.64%coin-img-DOGEDOGE-4.31%coin-img-ETHETH-1.92%coin-img-SOLSOL-2.01%coin-img-USDCUSDC+0.01%coin-img-BTCBTC-0.37%coin-img-XRPXRP-1.83%coin-img-FLYAIFLYAI-76.31%coin-img-HYPEHYPE-0.64%coin-img-DOGEDOGE-4.31%coin-img-ETHETH-1.92%coin-img-SOLSOL-2.01%coin-img-USDCUSDC+0.01%coin-img-BTCBTC-0.37%coin-img-XRPXRP-1.83%coin-img-FLYAIFLYAI-76.31%coin-img-HYPEHYPE-0.64%coin-img-DOGEDOGE-4.31%coin-img-ETHETH-1.92%coin-img-SOLSOL-2.01%coin-img-USDCUSDC+0.01%coin-img-BTCBTC-0.37%coin-img-XRPXRP-1.83%coin-img-FLYAIFLYAI-76.31%coin-img-HYPEHYPE-0.64%coin-img-DOGEDOGE-4.31%

Whale stakes 2.93M HYPE worth $172M on Hyperliquid

AI Market Summary
On-chain data indicates a single entity likely coordinated 19 wallets to deposit and stake 2.93M HYPE (~$172M) on Hyperliquid, crystallizing an estimated ~$44.5M profit versus a ~$44 average cost. The activity is material for HYPE float dynamics: large staking can reduce immediate circulating supply while signaling whale concentration and potential future unlock/rotation risk. Short-term liquidity and positioning sensitivity may rise.
Impact level
● Medium
Affected assets
HYPE/USDT-0.70%
AI Insight · HYPE/USDTAI Insight
● Neutral
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Odaily Planet Daily, citing Lookonchain tracking, said 19 wallets believed to be linked to the same whale deposited and staked a combined 2.93 million HYPE tokens on Hyperliquid over the past 24 hours, worth about $172 million. The whale began building the 2.93 million HYPE position nine months ago at an average cost of $44 and is now sitting on an estimated profit of roughly $44.5 million.
Selected
HYPE
HYPE-0.64%
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