Cumulative loss of $406,000 for Hyperliquid traders and transfer of tokens to Kraken

According to Onchain Lens, a Hyperliquid trader released 20,000 hypes (approximately $1.15 million) three hours ago and transferred to Kraken. The address was released last week and transferred to Kraken 24.95 million HYPEs, with a cumulative purchase of 1.37 million HYPEs since December 2025, at a cost of $4.779 million, the sale of 1.25 million HYPEs received $4.547 million and spot transactions amounted to $9.325 million, resulting in a cumulative loss of $406,000。