According to the latest data from Onchain Lens, a mysterious whale received approximately 445,000 HYPE tokens worth $14.87 million on January 29. Observers believe these tokens are likely to be staked, further enhancing the whale's on-chain influence.
Whale continues accumulation, HYPE gains attention
This whale has previously received multiple large HYPE transfers from the same entity. To date, it has accumulated 910,000 HYPE tokens valued at over $254.3 million. Notably, 465,000 of these tokens have already been staked, indicating the holder's confidence in the project's long-term prospects.
Staking trends hint at future developments
As more HYPE tokens enter staking pools, market analysts suggest this could signal the project's shift toward long-term value storage or governance-based development. The whale's movements not only affect token liquidity but may also significantly influence market sentiment.
- Received 445,000 HYPE tokens worth $14.87 million on January 29
- Total received amount reaches 910,000 HYPE tokens worth $254.3 million
- Over 50% of holdings, or 465,000 tokens, already staked
The whale's identity remains unknown, but its frequent on-chain activity continues to draw industry attention. Analysts recommend that investors monitor staking ratios and token circulation closely to better assess market trends.