A Santiment investigation shows that four large wallets closed their Hyperliquid positions following Stan Druckenmiller’s post on October 30, generating a combined 5 million dollars in profits. The address “0xa2ce…3126” notably sold roughly 225,000 dollars worth every five minutes near the market peak, ultimately realizing a 2,395,168 dollar gain. The influx of retail investors gave whales enough liquidity to offload large volumes without causing a sharp decline. After falling more than 12%, HYPE was trading between 81.79 and 85 dollars, below the 84.15 dollar level, while the next major support stood at 78.02 dollars.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
