Data: At the end of July, the whale that redeemed 2.886 million HYPE from staking has completed liquidation, with a profit of 132 million USD

According to on-chain analyst Yu Jin's monitoring, at the end of July, a whale or institution that redeemed 2.886 million HYPE from staking has completed liquidation, transferring the last 969,000 HYPE ($79.18 million) to Coinbase Prime and FalconX 20 minutes ago.

They accumulated and staked it at around $19.8 at the beginning of last year, and liquidated it at around $64.9 in the past month, making a profit of $132 million (+228%).