Whale deposits 541K HYPE to Kraken, eyeing $9.5M profit

A whale or institution deposited 541,000 HYPE to Kraken 15 minutes ago, worth $49.54 million, according to EmberCN. The tokens had been withdrawn from Coinbase Prime two weeks earlier at an average price of $73.9. If the full amount sold after the Kraken deposit, the estimated profit would be $9.52 million.