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Wallet Linked to Andrew Tate Deposits 20,950 HYPE to Binance

The transfer was valued at $1.87 million. The wallet’s HYPE trading profit was listed at $7.24 million, a 1,317% return.

Plain metal discs rest beside a narrow deposit slot under cool light / TokenPost.ai
Plain metal discs rest beside a narrow deposit slot under cool light / TokenPost.ai

An address identified as Andrew Tate’s deposited 20,950 Hyperliquid (HYPE) tokens to Binance on Oct. 3 in a transfer valued at $1.87 million.

The wallet’s HYPE trading was associated with a cumulative profit of $7.24 million, representing a 1,317% return. That profit figure is separate from the Binance deposit.

The wallet had acquired 122,827 HYPE about two years ago at $4.48 per token, for a total of about $550,000. The wallet was also listed as holding 63,550 HYPE worth $5.62 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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