Monitored by Woofun AI, entity Garrett Jin, identified as the '10.11 Whale,' disposed of an entire holding of 184,100 HYPE tokens at a price point of $73.6 yesterday, generating proceeds totaling $13.55 million. This substantial offloading event marked a decisive exit from the position during the prior trading session.

Concurrently, the same address initiated a counter-movement today by acquiring 81,700 HYPE tokens valued at approximately $6 million. This rapid cycle of liquidation and reaccumulation suggests a tactical rebalancing strategy rather than a permanent exit, potentially indicating confidence in near-term price recovery despite the initial sell-off.