Major Crypto Investor Unstakes $57 Million Worth of HYPE

cryptonews.ruОпубліковано о 2026-08-01Востаннє оновлено о 2026-08-01

Анотація

A major crypto investor, often referred to as a "whale," has unstaked $57 million worth of $HYPE tokens. This particular whale acquired the tokens 17 months ago at an average price of $18, meaning a potential profit of over $39 million if sold. The assets were deposited into FalconX and Coinbase Prime, indicating a likely intention to sell. Separately, another wallet unstaked 1.89 million $HYPE ($105.9 million). Analysts note that while unstaking can signal bearish sentiment or portfolio restructuring, it does not automatically mean the holder will sell. This trend is growing; the volume of $HYPE awaiting withdrawal has more than doubled in a week, from $241 million to $496.6 million. Concurrently, the total amount of staked $HYPE has decreased over the past month. This shift suggests some long-term holders are adopting a bearish outlook and reducing their positions. The $HYPE price has fallen 16.15% over the month to $54.4, with a market cap of $13.7 billion, trading in a downtrend after a recent bounce. Daily trading volume has also declined. In a related move, BitMEX co-founder Arthur Hayes sold all of his $HYPE holdings worth $18.02 million in June, despite previously offering optimistic forecasts for the cryptocurrency.

A major owner of $HYPE, a so-called whale, purchased the tokens 17 months ago at an average price of $18. If he decides to sell these crypto assets, his profit could exceed $39 million. A whale from another wallet unstaked an additional 1.89 million $HYPE worth $105.9 million. These actions could indicate either a skeptical attitude towards the prospects of $HYPE or a planned portfolio restructuring. However, analysts note that unstaking assets by itself does not necessarily mean the holder intends to sell them.

Whales keep selling $HYPE!

A whale that bought 1.02M $HYPE at an average price of $18 17 months ago unstaked the tokens today and deposited them into #FalconX and #CoinbasePrime 2 hours ago, likely to sell.https://t.co/sokAtSnie9 pic.twitter.com/fqgN3G5788
— Lookonchain (@lookonchain) July 31, 2026

Unstaking tokens is becoming a common phenomenon among both private and large investors. A week ago, 4.09 million $HYPE worth $241 million were awaiting unstaking. Since then, the volume has more than doubled, to 9.1 million $HYPE valued at $496.6 million.

The total amount of $HYPE placed in staking has decreased over the month from 438.7 million to 435.9 million coins. The increase in the number of coins awaiting withdrawal and the decrease in the amount of staked $HYPE may suggest that some long-term holders of $HYPE are bearish and reducing their positions.

After bouncing from $72 three weeks ago, the Hyperliquid cryptocurrency is trading in a downtrend, indicating selling pressure. Over the past month, the price of $HYPE has fallen by 16.15%, to $54.4, with a market capitalization of $13.7 billion. The daily trading volume of the coin has decreased by 8.6%, to $350.9 million.

In June, Arthur Hayes, co-founder of the now-closing crypto exchange BitMEX, sold all of his 247,334 $HYPE worth $18.02 million, despite the entrepreneur having previously given optimistic forecasts for this cryptocurrency.

end-content

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Пов'язані питання

QWhat are the two possible interpretations, according to the article, of the whale's action of withdrawing $HYPE tokens from staking?

AThe whale's action could indicate either a skeptical attitude towards the prospects of $HYPE or a planned portfolio restructuring.

QBased on the article, what financial outcome could the whale achieve if they sold their 1.02 million $HYPE tokens acquired 17 months ago?

AIf the whale sells their 1.02 million $HYPE tokens bought at an average price of $18, their profit could be over $39 million.

QHow has the amount of $HYPE tokens waiting to be unstaked changed in the recent period mentioned in the article?

AThe amount of $HYPE tokens waiting to be unstaked grew more than twofold, from 4.09 million ($241 million) a week ago to 9.1 million ($496.6 million).

QWhat trend is the $HYPE cryptocurrency price showing according to the article, and what is the mentioned price drop over one month?

A$HYPE is trading in a downtrend. Its price fell by 16.15% over one month to $54.4.

QWho is Arthur Hayes mentioned in the article, and what controversial action did he take regarding $HYPE in June?

AArthur Hayes is the co-founder of the now-closed crypto exchange BitMEX. In June, he sold all his 247,334 $HYPE tokens worth $18.02 million, despite having previously given optimistic forecasts for the cryptocurrency.

Пов'язані матеріали

【U.S. Stock Index Futures】Understanding the Three Major U.S. Stock Indices and Their Futures

[U.S. Stock Index Futures] Understanding the Three Major U.S. Stock Indices and Futures

35 хв тому

【U.S. Stock Index Futures】Understanding the Three Major U.S. Stock Indices and Their Futures

35 хв тому

Goldman Sachs Comments on SanDisk and Western Digital Earnings: Strong Performance, But Market Expectations Too High

Highsmith commented on Sandisk and Western Digital's earnings reports, noting that while both companies delivered strong quarterly results, excessively high market expectations are likely to prevent their stock prices from benefiting. The firm anticipates downward pressure on both stocks following the earnings releases. The core issue, according to Highsmith, is not a deterioration in fundamentals but rather market expectations that have overshot reality. Despite impressive beats on revenue, gross margin, and EPS for the quarter, guidance that simply meets or falls slightly below lofty expectations is being interpreted negatively. For Western Digital, Q2 revenue was largely in line with forecasts, while gross margin and EPS beat estimates. However, its Q3 revenue guidance midpoint matched consensus, and gross margin/EPS guidance was only slightly above. Highsmith views this as "not surprising enough" given pre-earnings optimism, maintaining a Neutral rating and a $650 price target. Sandisk's Q2 results significantly exceeded consensus for revenue and EPS. However, its Q3 guidance disappointed, with revenue and gross margin midpoints below Highsmith's forecasts and consensus. Although the stock has declined ~40% from its June peak, Highsmith believes the below-consensus guidance will lead to further pressure, while maintaining a Buy rating and a $2,200 target due to longer-term potential. Highsmith also warns of a negative spillover effect on Micron Technology's stock due to its similar end-market exposure to Sandisk.

marsbit59 хв тому

Goldman Sachs Comments on SanDisk and Western Digital Earnings: Strong Performance, But Market Expectations Too High

marsbit59 хв тому

After the Lending Markets Disappear, What's Left for These Public Chains?

"The Lending Market Vanishes: What Remains for These Blockchains?" Last week, Aave announced the closure of its lending markets on six blockchains where each generated less than $5,000 in quarterly revenue. This move highlights a critical trend: while the DeFi lending sector is growing overall, it is becoming highly concentrated on a few leading chains like Ethereum, Base, and Arbitrum. The article analyzes the cascading effects when a major lending protocol like Aave exits a chain. Past examples, such as Harmony Protocol and Fantom (later rebranded as Sonic), demonstrate that losing core lending infrastructure leads to a complete collapse of the credit ecosystem. This is because a functional lending market relies on a costly, interconnected stack of services—including reliable price oracles (often maintained by the largest protocol), deep DEX liquidity for liquidations, and stablecoin issuers willing to support native minting and redemption. Once the primary lending demand disappears, maintaining this infrastructure becomes commercially unviable, triggering an exodus of other service providers. The six chains Aave is leaving (including Soneium, Aptos, zkSync, and Scroll) are in an even weaker position than Harmony or Fantom were. They never developed substantial native lending demand despite significant initial funding. Aave's departure will likely accelerate the withdrawal of oracle providers, market makers, and stablecoin issuers, as their business cases depend on a functioning credit market. This creates a self-reinforcing cycle of centralization, where resources and activity consolidate on the most viable chains. The dilemma mirrors challenges in traditional finance, such as global banks withdrawing correspondent banking services from small countries due to high fixed compliance costs. However, unlike the traditional system where institutions like the World Bank can provide subsidies, there is no such safety net in the decentralized crypto space. The key takeaway is that while launching a new blockchain is cheap, operating a full-featured, sustainable credit infrastructure on it is extremely expensive. Aave has now set a minimum annual revenue threshold of $2 million for new chain deployments, roughly covering these fixed costs. The future for many smaller chains may be a fragmented ecosystem with flawed, unofficial forks of major protocols, or they may be left with nothing at all as DeFi lending continues its aggressive consolidation.

marsbit1 год тому

After the Lending Markets Disappear, What's Left for These Public Chains?

marsbit1 год тому

SanDisk Sells $3 Billion More in Three Months, Price Speaks Louder Than Volume

SanDisk's latest quarterly report (FY2026 Q4 ending July 3) shows revenue surged to $8.965 billion, a 51% increase quarter-over-quarter and a dramatic jump from $1.901 billion in the year-ago period. The sequential revenue gain of $3.015 billion alone exceeded the total revenue of FY2025 Q4. A key driver was profitability: the cost of sales increased by only about $95 million against the $3.015 billion revenue increase, leading to significantly expanded gross margins. While GAAP net profit was influenced by a $804 million gain on equity securities, the core business showed strong operational performance. Revenue growth was split, with approximately two-thirds attributed to higher selling prices and one-third to increased sales volume. Market segment analysis reveals that Data Center revenue doubled, becoming the growth narrative highlight. However, the Edge market segment contributed a slightly larger absolute dollar increase and remains the largest revenue base. Consumer segment revenue declined, indicating uneven demand across end markets. The report illustrates a multi-faceted story: Data Center provides high-growth visibility, Edge delivers the largest incremental sales, and favorable pricing dynamics convert new revenue into substantial profit expansion, moving beyond a simple AI-driven demand narrative.

marsbit1 год тому

SanDisk Sells $3 Billion More in Three Months, Price Speaks Louder Than Volume

marsbit1 год тому

Western Digital Quarterly Profit Hits $3.195 Billion, But How Much Did the Hard Drive Business Actually Make?

Western Digital reported FY2026 Q4 revenue of $3.747 billion, with GAAP earnings per share of $8.21. A key distinction in the results is the separation of its core HDD business from gains related to its retained stake in SanDisk. Following the flash memory business spin-off in February 2025, the company's revenue growth over the last five quarters represents a pure expansion of its HDD operations, primarily driven by demand from cloud and data-intensive workloads, which constituted 89% of Q4 revenue. The business showed significant margin improvement, with GAAP gross margin reaching 54.1% in Q4, meaning over half of every revenue dollar remained after direct manufacturing costs. This expansion in both revenue and profitability is reflected in free cash flow of $1.281 billion for the quarter. GAAP net income was $3.195 billion, heavily influenced by a $2.05 billion non-cash gain from the revaluation of the SanDisk stake. On a non-GAAP basis, which excludes this and other items, net income was $1.382 billion. This adjustment highlights the underlying strength of the HDD business itself, which has seen a sustained period of growth and improved profitability independent of its financial investments.

marsbit1 год тому

Western Digital Quarterly Profit Hits $3.195 Billion, But How Much Did the Hard Drive Business Actually Make?

marsbit1 год тому

Торгівля

Спот

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни HYPE (HYPE).

Major Crypto Investor Unstakes $57 Million Worth of HYPE

Анотація

Трендові криптовалюти

Пов'язані питання

Пов'язані матеріали

【U.S. Stock Index Futures】Understanding the Three Major U.S. Stock Indices and Their Futures

Goldman Sachs Comments on SanDisk and Western Digital Earnings: Strong Performance, But Market Expectations Too High

After the Lending Markets Disappear, What's Left for These Public Chains?

SanDisk Sells $3 Billion More in Three Months, Price Speaks Louder Than Volume

Western Digital Quarterly Profit Hits $3.195 Billion, But How Much Did the Hard Drive Business Actually Make?

Торгівля

Популярні статті

Як купити HYPE

Обговорення