A smart money is suspected to have reduced its position by US$11.77 million in 10 days. HYPE, if sold, it will make a profit of US$11.26 million.

On October 8, monitoring data from ai_9684xtpa showed that an institutional account has continued to recharge HYPE tokens to the Kraken platform since September 28, with a cumulative recharge of 131,421 tokens, and the average price of a single recharge was US$89.56. If sold all at current market prices, the transaction is expected to achieve revenue of US$11.26 million, while its total cost is only US$3.87.