The Whale’s Epic Crypto Saga: Millions Won, Cars Bought & Dreams Dashed 🚀💸

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Once upon a curious moment, amidst the swirling mists of fortune and folly, a colossal creature of the digital seas-known in mundane circles as an early Hyperliquid whale-did boldly sell forth 4.99 million HYPE tokens. Their worth? A staggering $228.76 million, a sum that would make even the grandest Russian estates seem paltry. After patiently clutching these glittering trinkets for nine long months, this leviathan reaped a magnificent profit of $148.63 million, as reported by the ever-watchful seers at Lookonchain.

Consider the manner of his acquisition: 5.07 million tokens procured at a modest average of $16.23 each, now dwindling to a mere 77,089 tokens – a small shoal valued at $3.37 million-hardly enough to buy a horse, let alone a fine carriage.

“An early whale holding 5.07M $HYPE recently sold 4.99M $HYPE ($228.76M) at an average price of $45.82, realizing a profit of $148.63M.

He bought the 5.07M $HYPE 9 months ago at an average of $16.23.

Now he only has 77,089 $HYPE ($3.37M) left.”

– Lookonchain (@lookonchain) September 30, 2025

Meanwhile, as if stirred by some invisible current, more whales have begun their slow exodus, steering their fortunes toward a new watery domain called Aster DEX upon the BNB Chain. No fewer than several grand holders have divested over $100 million in HYPE in recent days, the funds flowing like golden rivers into this fresh marketplace.

Arthur Hayes: Prophet or Pantomime?

At the vanguard of this exodus stood Arthur Hayes, co-founder of BitMEX and master of the crypto stagecraft. On September 21, he emptied his entire HYPE hoard, pocketing a modest $823,000-enough, it seems, to finance the purchase of a “new Rari 849 Testarossa.” One wonders if the roar of that car’s engine was to drown out the whispers of regret.

Indeed, only weeks before, dear Arthur had proclaimed before the assembly at the WebX 2025 in Tokyo that HYPE would ascend like some Promethean phoenix, soaring to 126 times its current glory within three short years. He foretold an empire of commerce where stablecoins and Hyperliquid’s might would propel fees from a paltry billion to an astronomical $255 billion annually.

Yet, as fate would have it, he sold at the very precipice of a looming catastrophe-the unlocking of 237.8 million tokens set to break forth on November 29. Scholars of Maelstrom had warned this tidal wave could dump $446 million of selling pressure monthly, far beyond the comforting embrace of any buyback schemes.

HYPE Whales: The Chorus of Selling Pressure

Others, not wishing to be left behind, followed suit with fervor. One titan offloaded 2.44 million tokens worth $102.5 million, another merely blinked and sold 201,900 tokens-$8.93 million-within two hours. A modest wallet parted with 67,006 tokens for $3.82 million, whilst a hapless trader named 0xa523 learned the harsh lesson of greed, bleeding losses over $40 million in but a month.

The vocal and influential James Wynn, not one to remain silent, opened a short position on HYPE at $45.25, forecasting prices “lower, much lower,” as Aster’s ascent gains momentum and the dread November unlock approaches like an ominous winter.

Aster DEX, with its alluring mysteries such as hidden orders and PvE trading, has already eclipsed Hyperliquid in weekly trade volume-raking in over $25 million in daily fees by September’s end. Rumors whisper that none other than Changpeng Zhao, erstwhile captain of Binance’s ship, now holds in secret more than $100 million of Aster tokens. Meanwhile, according to CoinMarketCap’s decree, HYPE languishes near $43.77, down a melancholy 5.74% in a day, and 7.49% over a brief week, a reminder that even the mightiest falls may be swift and unrelenting.

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2025-09-30 20:54