Whale Stakes $32.87M in HYPE as Token Trades 25% Below Its June Peak

AI Summary A crypto whale received 557,902 HYPE tokens, worth $32.87 million, from institutional liquidity provider FalconX and immediately staked the entire amount on Hyperliquid. The move comes as HYPE trades well off its June peak. FalconX Transfer Lands Directly in Staking On-chain data flagged the transaction Saturday, tracing 557,902 HYPE tokens moving from FalconX, an institutional […] fulltext: 390 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/hype-whale-falconx-staking-hyperliquid-july-2026/ Source: Bitcoin.com News