2,200% on Hyperliquid (HYPE): Whale Who Bought at $3.5 Cashes Out

A large Hyperliquid (HYPE) holder who accumulated the token at $3.50 has sold out, realizing a roughly 2,200% gain. The whale's exit is framed as profit-taking after buying at a relatively low price, which can signal distribution to other traders. A single whale cash-out is not a fundamental shift, but it may pressure HYPE's short-term price as supply hits the market.