A whale transferred HYPE to Coinbase Prime and FalconX after holding for 18 months, profiting $37.45 million

TechFlow News, July 31, according to monitoring by on-chain analyst Ember (@EmberCN), a whale withdrew 1.018 million HYPE from Gate at an average price of approximately $19.79 in early 2025 (worth approximately $20.15 million at the time) and subsequently deposited them for staking. After holding for approximately 18 months, all 1.032 million HYPE were redeemed early this morning and transferred to Coinbase Prime and FalconX at a transfer price of approximately $55.8, with a total value of approximately $57.6 million, a profit of approximately $37.45 million, and a gain of +186%.