Whale Suddenly Withdraws $122 Million in HYPE Coin – What’s Going On?

A major whale withdrew $122 million worth of HYPE tokens from Hyperliquid's ecosystem within hours, sparking sell-off fears as the mysterious investor sits on over $90 million in unrealized gains while high-profile exits from Arthur Hayes and Ansem coincide with concerns over 237.8 million tokens worth $11.9 billion scheduled to unlock on November 29.