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News · ▼ Bearish · 1 source confirmed · 2026-09-28 02:32 UTC

Whales are starting to dump $HYPE! 0xc745 deposited 177,518 $HYPE ($16.08M) into OKX and Bybit an hour ago. A wallet linked to Hypersphere Ventures sold 62,869 $HYPE ($5.78M) bought a month ago, making a $2.13M profit! https://t.co/pINOGbnl1E https://t.co/yF8q6jLfiy https://

Why now

Thesis: Whale distribution signals near-term weakness

Catalyst to watch: Further exchange inflows

Main risk: Deposits may not be sold

Why it matters

Large whale deposits to exchanges precede selling, pressuring token price.

Details

Whales are starting to dump $HYPE! 0xc745 deposited 177,518 $HYPE ($16.08M) into #OKX and #Bybit an hour ago. A wallet linked to Hypersphere Ventures sold 62,869 $HYPE ($5.78M) bought a month ago, making a $2.13M profit! https://t.co/pINOGbnl1E https://t.co/yF8q6jLfiy https://t.co/EnSPYdNJ5i

Related assets & topics

Crypto

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