HYPE Genesis whale profits $94 million and still holds 1.28 million tokens

On-chain data shows that a HYPE Genesis whale has made an estimated profit of about $94 million. The whale initially received 819,300 HYPE from the HyperLiquid Genesis distribution, then purchased 676,800 HYPE for $2.9 million, at an average price of $4.29 each. Eight hours ago, this address withdrew 500,000 HYPE (worth $33 million) from HyperLiquid and deposited 211,000 HYPE (worth $13.8 million) into an exchange. The whale currently still holds 1.28 million HYPE, valued at $82.6 million. (Onchain Lens)