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Altcoins & DeFi

Hyperliquid (HYPE) Whales Turn Stan Druckenmiller's Hype Into a $5 Million Exit

Image: U.Today

According to a fresh investigation by Santiment , retail investors, giving in to "fear of missing out" on Hyperliquid (HYPE) price rally on October 30, gave four large wallets a perfect opportunity to fully close their positions, bagging $5 million in profit. Wall Street legend Stan Druckenmiller's first ever appearance on X (former Twitter) with a post about Hyperliquid and the tokenization of trading was supposed to be a declaration of a new era for the popular DeFi exchange. It turned out to be a "sell the news" signal for HYPE tokens' whales. The best example of 'cashing out' math was educated by the address "0xa2ce...3126".

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