Two HYPE whales moved to sell within the same window — one deposited 177,518 HYPE ($𝟭𝟲.𝟬𝟴𝗠) into OKX and Bybit, the classic pre-sell pattern. A second wallet linked to Hypersphere Ventures sold 62,869 HYPE for $5.78M, booking $2.13M profit and exiting fully. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Two independent whales acting in the same hour on the same token creates concentrated sell pressure. The $16M exchange deposit is the larger overhang — deposited-but-unsold tokens are latent supply. Hypersphere Ventures fully exiting removes a strategic holder from the float. Combined ~$𝟮𝟮𝗠 notional tests whether buy-side demand absorbs this or HYPE drifts lower. HYPE is tradeable on Hyperliquid. Watch whether the $16M deposit converts to active selling and whether order books absorb the flow. https://arkm.com/explorer/address/0xc745044ae202B60d3eF5EE89A5f6738011651464 source: lookonchain Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2703