Whale Stakes $32.87M in HYPE as Token Trades 25% Below Its June Peak

A crypto whale received 557,902 HYPE tokens, worth $32.87 million, from institutional liquidity provider FalconX and immediately staked the entire amount on Hyperliquid. The move comes as HYPE trades well off its June peak. FalconX Transfer Lands Directly in Staking On-chain data flagged the transaction Saturday, tracing 557,902 HYPE tokens moving from FalconX, an institutional […]