Whale Sells Significant HYPE Holdings for USDC

On April 28, a notable transaction was detected involving the cryptocurrency whale known as tummy.hl. According to BlockBeats On-chain Detection, the whale sold 50,000 HYPE tokens at an average price of $41.43, receiving 2.07 million USDC in return. Following this sale, the wallet still retains 100,000 HYPE tokens, which are valued at approximately $4.16 million based on current market prices.