Anonymous whale stakes $172M in HYPE, sits on $44.5M unrealized gain

An anonymous whale address has staked 2.93 million HYPE on Hyperliquid, worth about $172 million, according to Lookonchain. The holdings were estimated to have been accumulated nine months ago at an average price of $44 per HYPE and are currently showing an unrealized gain of more than $44.5 million.