Bitcoin.com
May 6, 2026 8:30 AM UTC

HYPE Whales Pull $64.9M off Exchanges as One Trader’s $46.5M Short Bet Backfires

Hyperliquid whales are accumulating, with one wallet withdrawing $64.9 million worth of HYPE from exchanges in three days. Meanwhile, a trader who lost $46.5 million shorting the token flipped long and is down another $840,000. Whales Quietly Stack HYPE Large holders are pulling HYPE off exchanges at a steady clip, suggesting accumulation rather than an

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