A whale has completed the full liquidation of 2.89M HYPE, realizing approximately $𝟭𝟰𝟬𝗠 in profit. The final $𝟳𝟵𝗠 tranche was routed to Coinbase Prime and FalconX, completing a month-long systematic exit from a position accumulated at ~$17.35. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: This is the third major HYPE selling event today — alongside Multicoin Capital dumping 75% of its stack and a separate whale's $132M exit. The completed liquidation removes a major supply overhang from this wallet, but HYPE faces continued distribution pressure from Multicoin's residual 25% position. Counterbalancing this, other whales are actively accumulating $42.8M in HYPE, creating a two-sided institutional flow that traders should monitor for net direction. HYPE is seeing heavy institutional distribution from early holders even as new whales step in. The completed exit removes one seller, but Multicoin's remaining 25% stack suggests overhead supply persists. Watch whether buy-side accumulation can absorb the remaining distribution. https://arkm.com/explorer/address/0x90B38C5728f184C87EF46479cf7B402d7B98B98a source: EmberCN Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2377(Hupzy (Spot On Chain))