A whale unstakes 2 million HYPE after 9 months of holding, realizing a floating profit of $89.8 million.
According to Jinse Finance, monitored by Lookonchain, a certain whale bought and staked 2 million HYPE at an average price of $8.68 nine months ago (spending $17.4 million at the time, now worth $107.2 million), and has now unstaked, most likely preparing to cash out for profit. Nine months ago, this whale deposited 17.4 million USDC into Hyperliquid through three wallets to purchase 2 million HYPE, then distributed them into nine wallets for staking. Seven days ago, the whale submitted an unstaking request and received the tokens 21 hours ago. After holding for nine months, the current unrealized profit has reached $89.8 million.
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