Whale Deposits 88,216 HYPE to Coinbase in Potential Profit-Taking Move

On-chain data indicates a whale who accumulated 280,000 HYPE between June 11 and August 13 at an average price of $64.50 has deposited 88,216 HYPE, worth approximately $7.23 million, to Coinbase. If sold, the transaction would yield a 27% return, resulting in an estimated profit of $1.538 million.