While you can make a lot of money in the cryptocurrency market, you can also encounter unexpectedly large losses.
At this point, one whale made a huge profit and attracted the attention of the market.
According to a post by Lookonchain, early stage high lipids (hype) sold, earning $148.6 million.
Thus, the early stage whales holding 507 million hype have recently sold 499 million hype of $45.82 (approximately $228.76 million) profiting $14,863 million.
Nine months ago, the whales purchased 5.07 million hype at an average price of $16.23.
Still having the hype, the whales now have only 77,089 hype (approximately $3.37 million).
Hyperliquid, ranked 11th by market capitalization, has increased 1307% over the past 12 months, according to data from CoinmarketCap.
The hype that reached $59 in September is trading at $45 at the time of writing.
The early whales, holding the 5.07m $ hype, recently sold a 4.99m $ hype ($228.76m) at an average price of $45.82, achieving a profit of $148.63m.
He bought a hype of $5.07m for an average of $16.23 9 months ago.
Currently he only has $77,089 ($3.37m) left. pic.twitter.com/4vk4hlrtms
– lookonchain (@lookonchain) September 30, 2025
*This is not investment advice.
