Large whale depositing $53M worth of HYPE to exchanges for potential sale, retaining $55.7M position.

Macro & Markets · 2026-08-14

A whale withdrew 1.89 million HYPE tokens worth approximately $106 million from Hyperliquid, subsequently depositing 923.74 thousand tokens valued near $53 million to Coinbase Prime and FalconX. The wallet retains a position of 969.6 thousand HYPE tokens worth roughly $55.7 million.

Previously on Telem

Hyperliquid burns 19.75K HYPE tokens in 24 hours 2026-08-13
Hyperliquid opens low-latency data nodes under $1,000 monthly 2026-08-13
Hyperliquid whale sells 60K HYPE tokens for $1.77M 2026-08-13
Hyperliquid Hyperion triples Q2 profits as HYPE holdings grow to $133M 2026-08-12
Hyperliquid RWA perpetual volume share triples to 32.2% in Q2 2026-08-08