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Whale Moves 512,000 HYPE Worth $39.3M to FalconX After Unstaking

A whale or institution moved 512,000 HYPE, valued at $39.3 million, to institutional trading platform FalconX six hours after unstaking the tokens, on-chain monitor Yu Jin reported. The tokens were accumulated about a year ago at roughly $44.8 each, implying a $16.36 million profit if sold at current prices.

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