A giant whale was released 20,000 hypes three hours ago and transferred to Kraken or ready to be sold

On 17 August, a trader on the Hyperliquid platform, monitored by Onchain Lens, released 20,000 hypes (approximately $1.15 million) three hours earlier and transferred to the Kraken Exchange, which was probably ready for sale. The wallet was also released last week and another 24950 hypes were transferred to Kraken. Since December 2025: Purchased 1.37 million hypes at a total cost of $47.79 million Saled 1.25 million hypes with a total revenue of $4.5.47 million Total cash exchange: $9.325 million