A major whale shifted from ETH to HYPE, realizing a floating profit of approximately $8 million within two weeks.

TechFlow News: On June 24, on-chain analyst Lookonchain (@lookonchain) reported that a whale is shifting from ETH to HYPE. Two weeks ago, the whale address 0xEe0A sold all 3,065 ETH at a loss of $380,000 (valued at $5.92 million). Over the past two days, this whale purchased 100,392 HYPE tokens ($6.69 million). It currently holds 497,212 HYPE tokens ($30.93 million), realizing an unrealized profit of $8 million.