A large holder transferred 541,000 Hyperliquid (HYPE) tokens worth about $49.5 million to the Kraken exchange, suggesting a potential gain of $9.52 million based on previous purchase prices. The tokens were originally withdrawn from Coinbase Prime at an average price of $73.90 and moved to Kraken at $91.50 per token. It is unclear if the holder has sold any of the tokens after the transfer. This move highlights significant activity in the HYPE token market, which could impact its price or liquidity on exchanges.
The whale transfer of 541,000 Hyperliquid tokens worth $49.5 million to Kraken is notable market activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 25, 2026 09:11 WIB: out of 50 major cryptocurrencies priced on Pluang, 44 rose and 5 fell today. Notable gainers include XLM (Stellar) at Rp3.971 with an 11.26% increase, BAL (Balancer) at Rp16.297 with an 11.14% increase, and ALGO (Algorand) at Rp2.050 with a 10.81% increase.
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