Dormant whale moves $57.6M in HYPE after about 18 months, up 186%

A whale address that had been dormant for about 18 months transferred 1.032 million HYPE worth $57.6 million to Coinbase Prime and FalconX, EmberCN reported. The address withdrew 1.018 million HYPE worth $20.15 million from Gate at an average price of $19.79 in early 2025 and then staked the tokens. It is now sitting on an unrealized profit of about $37.45 million, or 186%, according to the report.