Hyperliquid Whale Returns After Two Months, Withdraws $6.5M in HYPE From Exchanges 

HYPE traded near its all-time high after a large holder moved another $6.5 million of the Hyperliquid token off exchanges, bringing total withdrawals to $95.6 million.

The wallet, identified as 0x6436, withdrew 79,800 HYPE in its latest transaction after remaining inactive for about two months. Its last reported exchange withdrawal was on June 17, involving 88,350 tokens valued at $6.41 million.

Across its withdrawals, the address has moved 1.36 million HYPE off exchanges at an average price of $70 per token. 

HYPE was quoted at $81.96 at the time of reporting, 38.5% higher over the past month and about 1.9% below its recent all-time high of $83.53.

Source: Lookonchain