Whales or institutions have transferred a cumulative total of approximately 512,000 HYPE tokens to FalconX.

TechFlow reports that on November 9, according to data from Ember, a whale or institutional investor transferred approximately 512,000 HYPE tokens redeemed from staking to the institutional trading platform FalconX, valued at around $39.3 million.Ember noted that this batch of HYPE was acquired roughly a year ago at $44.8 per token, which would result in a profit of approximately $16.36 million upon sale.

Nov 9, 2026

TechFlow reports that on November 9, according to data from Ember, a whale or institutional investor transferred approximately 512,000 HYPE tokens redeemed from staking to the institutional trading platform FalconX, valued at around $39.3 million.

Ember noted that this batch of HYPE was acquired roughly a year ago at $44.8 per token, which would result in a profit of approximately $16.36 million upon sale.

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