According to Lookonchain, whale address 0x82d8 has started selling $HYPE after holding 1.45 million tokens (worth $55 million) for five months, netting a $28.4 million profit. Between December 7, 2024, and January 9, 2025, the whale acquired 1.45M $HYPE at an average price of $18.39, investing $26.58 million USDC. In the past three days, 395,000 $HYPE ($14.51 million) have been sold at $36.69 per token. This large-scale profit-taking by a significant holder may increase short-term volatility and put downward pressure on $HYPE’s price, providing trading signals for both breakout and retracement strategies. On-chain whale activity remains a key indicator for traders and is likely to impact liquidity and sentiment in the broader crypto market. (Source: Lookonchain, May 26, 2025)