This move by the whale is quite interesting, taking down both HYPE and BTC simultaneously, selling while placing orders, and still holding onto staked assets—very strategic and calculated.

According to Onchain Lens monitoring, in the past 24 hours on May 25th, this whale sold 151,570 HYPE at an average price of $61.63, totaling approximately $9.34 million; at the same time, it sold 130 BTC at $77,047 each, worth about $10 million. Currently, the whale still has an order to sell 170,000 HYPE, approximately $10.66 million, within a price range of $63.45-$70.55, and an additional 30,000 HYPE are staked.