Whale Factor|Jul 31, 2026 04:36
🐋 WHALE WATCH : WHALE SELLING PRESSURE ON HYPE ?
A giant HYPE whale just unstaked 1.02M tokens -$56M value and transferred them straight to institutional OTC desks:
=> FalconX
=> Coinbase Prime
Cost basis: $18 average -17 months ago
Unrealized profit: Sitting on massive -3x gains -$38M profit
Deposits to prime brokers usually mean one thing: prepare for potential spot dump or OTC distribution.
Keep an eye on HYPE support levels here.
https://arkm.com/explorer/address/0xcEF1C075DBFe6B2D774C74A8B94E8350E9b42C25(Whale Factor)
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