A whale transferred 512,000 HYPE tokens to FalconX, expecting a profit of $16.36 million.

A whale transferred 512,000 HYPE tokens, worth $39.3 million, from its pledged redemption to FalconX six hours ago. These HYPEs were stockpiled a year ago at approximately $44.80 each; selling them would realize a profit of $16.36 million. (Ember)