Major Hyperliquid Holder Sells Over 321K HYPE in a Single Day

Whale wallet 0x632B has continued trimming its position in Hyperliquid, selling an additional 170,004 tokens worth $10.54 million.

This most recent transaction extends a wider selling streak, bringing the total offloaded over the past 24 hours to 321,574 HYPE. In total, these sales have reached $19.88 million, with an average execution price of $61.81 per token.

Despite the ongoing sell-off, the wallet still holds 30,005 HYPE, valued at approximately $1.78 million, which remains staked.

Source: Onchain Lens