A major holder of the HYPE token from DEX Hyperliquid has realized a profit of $148.63 million from asset sales, as noted by analysts at Lookonchain.
An early whale holding 5.07M $HYPE recently sold 4.99M $HYPE ($228.76M) at an average price of $45.82, realizing a profit of $148.63M.
He bought the 5.07M $HYPE 9 months ago at an average of $16.23.
Now he only has 77,089 $HYPE($3.37M) left. pic.twitter.com/4VK4HlrtMs
— Lookonchain (@lookonchain) September 30, 2025
The unidentified investor sold 4.99 million HYPE for $228.76 million, with an average selling price of $45.82.
The investor acquired 5.07 million HYPE in January 2025 at $16.23 each. Following the transaction, the investor’s wallet retains 77,089 tokens valued at $3.37 million.
At the time of writing, the coin is trading at $44.6, according to CoinGecko. The asset’s price has dropped by 5.2% over the past day and 6.3% over the past week.
The market capitalization of the asset stands at $12 billion, with a daily trading volume of $558.5 million.
Earlier, ARK Invest CEO Cathie Wood compared Hyperliquid to an “early Solana.”