# Whale or Institution Sends 512,000 HYPE Worth $39.3M to FalconX By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/52588 Published: 2026-11-09T22:08:27.000Z Updated: 2026-11-09T22:08:27.000Z Section: Investing > The tokens were accumulated about a year ago at about $44.80 each; a sale at the stated value would yield an estimated $16.36 million gain. A whale or institution transferred 512,000 HYPE tokens, valued at about $39.3 million, to FalconX on Nov. 9 after the tokens were redeemed from staking. FalconX is an institutional trading platform. The tokens were accumulated about a year ago at about $44.80 each. Selling them at the stated value would produce an estimated $16.36 million gain. The transfer itself does not establish that a sale occurred. A separate [912,383 HYPE transfer to FalconX]() carried an estimated $8.03 million gain at its transfer price. ## Links in this article - [912,383 HYPE transfer to FalconX](https://www.tokenpost.com/news/investing/45258)