A whale/institution worth $39.3 million transferred 512,000 HYPE tokens to FalconX

Odaily Planet Daily News: According to on-chain analyst Yujin, a major whale/institution transferred 512,000 HYPE tokens, redeemed from staking six hours ago, to the institutional trading platform FalconX, worth $39.3 million. These HYPE tokens were accumulated a year ago at approximately $44.8 per token, and selling them would yield a profit of $16.36 million.