A whale transferred 541,000 HYPE to Kraken, with an estimated profit of US$9.52 million.

PANews reported on September 25 that according to on-chain analyst Ember monitoring, a whale/institution transferred 541,000 HYPE (approximately $49.54 million) into Kraken. These HYPEs were raised from Coinbase Prime half a month ago, at an average price of $73.9. Now transferred to Kraken at a price of $91.5, the profit is expected to be $9.52 million.