According to James Wynn's official Twitter statements, he sold 126,000 HYPE tokens at an average price of $32.7 each, realizing a total of $4.12 million USDC, which he subsequently withdrew to his wallet. James Wynn also announced that he will temporarily stop futures trading. This large-scale sell-off and withdrawal could increase short-term volatility and liquidity pressure on HYPE, leading traders to monitor HYPE's price action closely and reassess risk exposure in related DeFi assets (source: James Wynn Twitter).

According to Ai 姨 (@ai_9684xtpa) on Twitter, James Wynn has fully liquidated his position of 126,000 HYPE tokens, converting them to 4.12 million USDC and transferring the funds to his on-chain wallet, as verified by intel.arkm.com. This notable transaction signals a potential shift in market sentiment for HYPE, especially considering Wynn's significant influence on previous price movements. Traders should monitor HYPE liquidity and potential volatility closely, as large outflows like this often lead to increased market uncertainty and short-term price fluctuations (Source: https://twitter.com/ai_9684xtpa/status/1929421224247247268).

According to Lookonchain, James Wynn (@JamesWynnReal) unstaked and sold 126,116 $HYPE tokens, totaling $4.12 million at a price of $32.7 per token. Wynn originally purchased these tokens on May 9 and May 12 at an average price of $24.4, resulting in a realized profit of $1.05 million. This large sell-off could trigger short-term volatility for $HYPE, prompting traders to closely monitor whale activity and liquidity levels for potential price fluctuations in the cryptocurrency market. (Source: Lookonchain, Twitter, June 2, 2025)