An anonymous trader purchased nearly 258,000 HYPE tokens from Hyperliquid at approximately $3.50 per unit toward the end of 2024, for a total investment of roughly $900,000. This whale subsequently transferred over 231,000 tokens, valued at approximately $20 million, to the Kraken exchange. If these transfers resulted in actual sales, the trader would have made over $19 million in profit in less than two years. They still hold approximately 26,000 tokens worth over $2 million. The HYPE token currently trades around $81, down 16% from its all-time high of nearly $100 reached earlier this year.
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