Hyperliquid Trader Moves 20,000 HYPE to Kraken Worth $1.15M

A Hyperliquid address unstaked 20,000 HYPE and transferred it to Kraken. The trader previously moved 24,950 HYPE last week and has lost $406K since Dec 2025.

Woofun AI reports that a Hyperliquid trader unstaked 20,000 HYPE tokens and transferred them to Kraken three hours ago. The transfer value is approximately $1.15 million. This address previously deposited 24,950 HYPE on Kraken last week. Since December 2025, the trader has incurred losses of around $406,000 across spot transactions totaling $93 million.