Haciyev Reşit 
Whale activity is drawing attention in the crypto market. According to data from on-chain analytics platform Lookonchain, an altcoin whale has started taking profits after a long break.
Whale Sales in PUMP Token
The whale had previously purchased 2.5 billion PUMP tokens for $10 million. However, recent data shows the investor has started selling: Eight hours ago, 250 million PUMP ($1.53 million) was deposited into Binance. The whale still holds 2.25 billion PUMP ($13.6 million). Total profit has exceeded $5 million.
Heavy Sales in HYPE Token
Not only PUMP, but there have also been significant sales in HYPE token:
- Address 0x746b sold 188,861 HYPE ($10.58 million) in the last 4 hours.
- 0x7be1 sold 175,000 HYPE ($9.75 million) over the past 4 days.
- 0x0e41 sold 113,310 HYPE ($6.32 million) in the past 3 days.
- 0xe867 sold 50,000 HYPE ($2.77 million) in the past 20 hours.
The sales occurred at an average price range of $55–56.
Ethereum Whales Also Realizing Profits
Whale activity isn’t limited to altcoins. On the Ethereum side, a large sale took place as well. Address 0xdE03 sold 25,755 ETH ($117 million) 6 hours ago. This address had accumulated 44,661 ETH from exchanges at an average price of $2,411 over the past 3 years. Later, it deposited 45,132 ETH ($165.5 million) into Binance at an average of $3,668. It still holds 3,362 ETH ($15.2 million). The investor’s total profit has reached approximately $73 million.
Whale Selling Pressure on the Market
Heavy selling in both PUMP and HYPE tokens could create short-term pressure in the markets. Additionally, the significant realization in Ethereum shows that institutional investors are also cashing in profits.
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