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HYPE Whales Sell as Wallet Deposits $16.08 Million Worth of HYPE to Exchanges

Wallet 0xc745 sent 177,518 HYPE to OKX and Bybit, while a Hypersphere Ventures-linked wallet sold 62,869 HYPE for $5.78 million.

Metallic tokens arranged beside two open deposit slots / TokenPost.ai
Metallic tokens arranged beside two open deposit slots / TokenPost.ai

Multiple HYPE whales began selling on Sept. 28, including wallet 0xc745’s deposit of 177,518 HYPE valued at $16.08 million to OKX and Bybit.

Address 0xc745 deposited the tokens about one hour earlier. The transaction moved HYPE to two cryptocurrency exchanges.

A wallet linked to Hypersphere Ventures also sold 62,869 HYPE valued at $5.78 million. The wallet had bought the tokens one month earlier and recorded a $2.13 million profit.

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