A whale transferred 557,902 HYPE tokens valued at approximately $32.9 million to HyperCore, the core trading infrastructure of the Hyperliquid blockchain, according to Whale Alert and Lookonchain. This whale reportedly received the tokens from FalconX and deposited them into Hyperliquid for staking. On July 24, another whale staked 2.93 million HYPE worth $172 million. HYPE price fell 1.59% in 24 hours to $57.48, down 2.13% weekly and declining for four consecutive days. A total of $244 million was liquidated in crypto positions over the past 24 hours.
Source: Read the original article
